RNS Number:7423F
DEV Property Development PLC
15 October 2007


                         Dev Property Development plc -

                        Disclosure of Interest in Shares


15 October 2007

Dev Property Development plc (the "Company") announces that it received
notification today in a letter dated 15 October 2007 that in accordance with DTR
5 of the Transparency Obligations Directive (Disclosure and Transparency Rules)
Instrument 2006, the Government of Singapore Investment Corporation Private
Limited has a notifiable interest in 11,829,252 shares of the Company,
representing 8.569% of the Company's issued share capital.


END



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