EASTERN PROPERTY HOLDINGS ANNOUNCES 2008 RESULTS

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announcement. 
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Revaluations and ruble devaluation more than offset increased net
rents and decreased administrative expenses.  Eastern Property
Holdings reports a net loss of US$ 72.7 million for 2008, in sharp
contrast to a net profit of US$ 67.3 million in 2007.

Net assets declined by 21% from US$ 527.1 million to US$ 478.5
million.

Full financial statements are available at the company website:
www.easternpropertyholdings.com or by following the link
 

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


 
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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;