Acquisition

Dawnay, Day Carpathian PLC 30 August 2006 DAWNAY, DAY CARPATHIAN PLC Acquisition of MacroMall Shopping Centre, Brasov, Romania Dawnay Day Carpathian Plc ('Dawnay, Day' or the 'Company') is pleased to announce that it has acquired the MacroMall Shopping Centre in Brasov, Romania for €19m. This includes a consideration of €2m for an adjoining development site. The acquisition represents an initial net yield for the shopping centre of 9.00%. The MacroMall Shopping centre was opened in December 2005, and has a net lettable area of 7,868 sq m with 350 parking spaces. MacroMall has approximately 82 tenants with an average rent of €16 sq m. This acquisition also includes an adjoining site of 7,735 sq m which could provide an additional opportunity to develop around 70% of this area. Of the €2m consideration for the site €1m is deferred until building consent has been approved in accordance with the Company's requirements. Brasov is one of the largest cities in Romania, with a population of approximately 320,000. It is located in the Transylvanian Plateau, about 100 miles North of Bucharest, surrounded by several popular tourist resorts. MacroMall is situated on the south side of Brasov, at the centre of a cluster of modern retailing buildings, including Selgros, Cash and Carry, Carrefour, Metro and a Praktiker DIY store, with several other commercial developments in the area. This acquisition is a share purchase transaction from two Romanian companies and represents the first investment in Romania for the Company. Geographical coverage has increased in Central and Eastern European to five countries, and this represents the 7th transaction since our inception. Commenting on the transaction, Rupert Cottrell, Chairman of DDC PLC said: 'This is an excellent acquisition for us. With an initial 9.00% net yield we are starting from a strong base, as usual we are confident of adding further value through asset management, and in this instance we also have the opportunity to develop the adjacent site. Together this adds up to be a very interesting acquisition and takes our total investments to date to €363m.' Enquiries: Dawnay, Day Carpathian PLC Peter Klimt 020 7834 8060 Paul Rogers Cardew Group Tim Robertson 020 7930 0777 Catherine Maitland Notes to Editors DDC listed on the AIM market in July 2005 and raised new funds to create a geared €1 billion portfolio of retail properties. To date, the Company has purchased four shopping centres with a property valuation of €64.5 million in Poland, the Antana Warehouse Park in Hungary valued at €21.0 million, the Varyada Shopping Centre in the Czech Republic valued at €37.0 million, the Promenada Shopping and Business Centre in Poland for an initial €127.0 million the Plaza Portfolio of four shopping centres in Hungary for an initial €61.0 million and the Babilonas Shopping Centre in Lithuania for €32.5million. This information is provided by RNS The company news service from the London Stock Exchange

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