Disclosure Announcement

Equest Investments Balkans Ltd
26 October 2007


For Immediate Release

26 October 2007


                     EQUEST INVESTMENTS BALKANS LIMITED
                              (the 'Company')



The Company has been informed that Morgan Stanley Securities Limited is
interested in 543,000 shares in the Company, representing 3.13% of the total
shares in issue.

For further information please contact:

Equest Partners Limited

+ 44 20 7240 7600
Petri Karjalainen
Naomi Kora




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