ABL Ablon

    


Ablon Group



11 August 2008

                            SHAREHOLDER NOTIFICATION

Ablon Group Limited ("Ablon" or "the Company"), a leading real estate owner and
developer in Central and Eastern Europe, was informed by Stichting Pensioenfonds
ABP on August 8 that its total shareholding and voting interest in Ablon has
passed under the threshold of 3% and now amounts to a total holding of 3,200,296
shares, equaling 2.94% of the issued shares and votes in Ablon.

Stichting Pensioenfonds ABP does not have a parent company, a major shareholder
or an investment manager who controls its voting rights.

                          ____________________________

For further information, please contact:
Ablon Group Limited                          Shared Value Limited
Daniel Avidan, CFO                           Nicolas Duperrier
Tel. +36 1 225 6600                          Tel. +44 (0)20 7321 5010
                                             ablon@sharedvalue.net
Credit Suisse Securities (Europe) Limited    ING
Chris Byrne / Richard Probert                Aur�lie Barry
Tel. +44 (0)20 7888 8888                     Tel. +44 (0)20 7767 6572

                                       ***

ABOUT ABLON GROUP

Founded in 1993 in Budapest (Hungary), Ablon Group has properties at 28
different locations split into 54 different projects or phases, of which there
are 13 completed projects and 16 development projects in Budapest, Prague,
Bucharest, Warsaw and Gdansk. Its portfolio comprises a diversified mix of
office, residential, retail, logistics and hotel developments valued at EUR
617.4 million by King Sturge, an independent valuation firm, as at 31 December
2007. Ablon has to date approximately 139,700 square metres of existing and
income generating office and retail assets (at 12 locations) in Budapest and
Prague, with a significant development land bank comprising a further 1,040,600
square metres in the next five years (at 23 locations) in Budapest, Prague,
Bucharest, Warsaw and Gdansk. Ablon's shares are traded on the AIM market of the
London Stock Exchange under the ticker 'ABL'.

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