CORRECTION

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Dear Investor,

The email sent on 30 April to announce the release of our 2008
results contained an error: Net assets declined by 21 % from US$
527.1 million to US$ 415.8 million, rather than to US$ 478.5 million.

On a per share basis, our Net Asset Value declined by 19.5% from US$
107.82 to US$ 86.76. The smaller percentage decrease is due to the
repurchase of shares by the company in 2008.

As stated in our original email, our full report is available at


http://www.easternpropertyholdings.com/en/9.asp

Sincerely,
Eastern Property Holdings


 
--- End of Message ---

Eastern Property Holdings Limited
Valartis Asset Management SA/Case 
Postale 3458 Geneva Switzerland

WKN: 250817; ISIN: VGG290991014; 
Listed: Real Estate Companies in 
SIX Swiss Exchange;