European Convergence Properties Announcements

Distribution of Capital

24 January 2008 10:20:00

European Convergence Property CoPLC
24 January 2008
Distribution of Capital

24 January 2008

EUROPEAN CONVERGENCE PROPERTY COMPANY PLC

("ECPC" OR "THE COMPANY")

Distribution of Capital

Further to the announcement made by the Company on 21 December 2007, ECPC
confirms that it will make an initial return of capital of EUR 0.94 per share
("the Return of Capital") to shareholders.

The Return of Capital will be payable on 31 January 2008 to shareholders who are
on the register on 29 January 2008. The Return of Capital will be payable in
Euros.

For further information please contact:
Enquiries:

European Convergence Property Company plc +44 (0)1624 640200
Anderson Whamond

Charlemagne Capital +44 (0)20 7518 2100
Christopher Fitzwilliam Lay/Varda Lotan

Panmure Gordon & Co. Limited +44 (0)20 7459 3600
Hugh Morgan/Jonathan Lack/Stuart Gledhill

Smithfield Consultants +44 (0)20 7903 0669
George Hudson/Tom Hardman

Website: www.europeanconvergence.com

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