Ablon Group Limited : Inter-group transfer of funds

10 April 2013

ABLON Group Limited

("ABLON" or the "Company")

Inter-group transfer of funds

The Company is pleased to confirm its cooperation agreement with CPI Group a.s. ("CPI") to transfer any excess financial liquidity to CPI, which is in the closing stages of its successful cash offer for the Company, and which should result in increased yields for the Group.  As a first step, Ablon transferred ?3.8 million to CPI on 5 April 2013."

Enquiries:
Alex Borrelli / Adrienn Lovro

Ablon Group Limited

+44 7747 020 600/+36 1 225 6600

About ABLON Group Limited

Founded in 1993 in Budapest (Hungary), ABLON and its subsidiaries (together the "ABLON Group") has properties at 33 locations, of which there are 15 completed projects and 23 development projects in Budapest, Prague, Bucharest and Warsaw. Its portfolio comprises a diversified mix of office, residential, retail, logistics and hotel developments valued at approximately ?370 million by external independent appraiser (Colliers International)as at 31 December 2012. The ABLON Group had, as at 31 December 2012, approximately 208,800 square metres of existing and income generating office, residential, hotel, retail and logistics assets (at 15 locations) in Budapest and Prague, with a significant development land bank comprising a further circa. 1,164,500 square metres (at 23 locations) in Budapest, Prague, Bucharest and Warsaw. ABLON's shares are traded on the Main Market of the London Stock Exchange under the ticker 'ABL'.