RNS Number : 1845L
  Nanette Real Estate Group N.V.
  06 January 2009
   


    Nanette Real Estate Group NV
    "Nanette" or "the Company"


    Transaction in own bonds

    Following the announcement made on 5 January 2009; Nanette announces that it has purchased an additional
    tranche of its own bonds on the  Tel Aviv Stock Exchange, of par value of NIS 1,012,800 (Euro 195 thousand) for the total consideration
of NIS 444 thousand (Euro 85 thousand).

    This purchase further illustrates Nanette's financial strength as a group. In the current global economic crisis, this is in itself a
considerable achievement and is testament to Nanette's strong operating model and proactive financial management.

    The transaction will provide an additional profit at Group level that will be reflected in the next preliminary results.


    6 January 2009

    ENQUIRIES:

 Nanette Real Estate Group
 Shaul Lotan                  + 972 3 7 100 200
 Eyal Keltsh                   + 48 606 141 201

 College Hill               +44 (020) 7457 2020
 Paddy Blewer 
 Gareth David

 KBC Peel Hunt              +44 (020) 7418 8900
 Capel Irwin 
 Nicholas Marren


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