RNS Number : 2628L
  Nanette Real Estate Group N.V.
  07 January 2009
   


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


    Transaction in own bonds

    Following the announcements made on 5 and 6 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 1,627,394 (Euro 306 thousand) for the total consideration of NIS 724 thousand (Euro 137
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.


    07 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
 
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