Acquisition of Shares

Dolphin Capital Investors Limited
16 April 2007


16 April 2007

Dolphin Capital Investors Limited (DCI.L)

Further re: acquisition of Aristo Developers Plc and Public
Offer to acquire the remaining shares

Further to the announcements dated 5&11 April 2007, Dolphin Capital Atlantis Ltd
(a subsidiary of Dolphin Capital Investors Ltd) acquired on market an additional
3,099,733 (2.31%) shares in Aristo Developers Plc '(Aristo') at prices not
exceeding €2.15 per share, on 11, 12 and 13 April 2007.

Dolphin Capital Atlantis Ltd has already acquired 24.01% of the share capital of
Aristo, and has also secured the acquisition of 59.54% of Aristo from 
Mr. Theodoros Aristodemou (and persons associated to him), the principal 
shareholder and founder of Aristo.  The transfer of the stake of 59.54% to 
Dolphin Capital Atlantis Ltd is subject to the approval of the Commission for 
the Protection of Competition and any other competent authority.

Accordingly, Dolphin Capital Atlantis Ltd directly holds 26.32%, and a further
59.54% is held via escrow agents, representing a total of 85.86% of the share
capital of Aristo.



Contacts:
Dolphin Capital Investors                        www.dolphincapitalinvestors.com
Miltos E Kambourides
[e-mail]
Pierre A Charalambides
[e-mail]

Adventis Financial PR
Annie Evangeli                                     020 7034 4757 / 07778 507 162
[e-mail]

Grant Thornton Corporate Finance (Nominated Adviser)               020 7383 5100
Philip Secrett

Panmure Gordon                                                     020 7459 3600
(Broker)
Richard Gray / Dominic Morley / Andrew Potts








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