Share Price: €0.18 / Reuters: ECDC.L / Bloomberg: ECDC:LN

European Convergence Development Company plc is an Isle of Man company established to take advantage of opportunities that exist in the property markets of South-East Europe. The Company has invested in a range of early stage development projects which comprise residential, retail, commercial and industrial property.

The principal target countries are Bulgaria, Romania and Turkey, with the ability to invest in Croatia and Slovakia. The Manager is currently finding more opportunities for investment in Bulgaria and Romania than in the other aforementioned countries. The Company will continue to seek to invest in early stage developments whereby it co-invests with local and international property developers. Whilst considered unlikely, the Company could be the sole investor on any particular project.

The Company's shares are listed on the AIM market of the London Stock Exchange (AIM).

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