RNS Number:7409A
Bulgarian Land Development PLC
31 March 2006


                         Bulgarian Land Development Plc
                                (the "Company")

                               Holding in Company

The Company was informed on 30 March 2006 that CLS Holdings plc, through its
subsidiary Museion Forvalting AB, holds 4,000,000 ordinary shares in the
Company, representing 16% of the issued share capital of the Company.


                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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