Eastern European Property Fund Limited

('EEP' or the 'Company')

Sale of Property

29 April 2016

On 28 April 2016, EEP completed the disposal of the office units on the fifth floor of the Nils Passaj property in Beyoglu, Istanbul, for a cash consideration of USD 85,000 (including VAT).

The proceeds from this disposal are in line with the latest independent property valuation. Following this disposal, the Company no longer has any interest in the Nils Passaj property.

For further information, please contact:

Tom Fyson

Liberum Capital Limited

Tel: +44 203 100 2000

Keiran Gallagher

Pera Pera

Tel: +90 212 252 1641

Bob Locker

CNC Property Fund Management Limited

Tel: +44 1784 424 740

Company website:www.eepfl.com.

Eastern European Property Fund Ltd. issued this content on 29 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 April 2016 23:03:17 UTC. Original document available at http://www.eepfl.com/news_regulatory?article=2447635289997312