Significant Shareholding Notification: Storm Re...

Eastern Property Holdings Limited (EPH) / Significant Shareholding Notification: Storm Real Estate ASA stake in Eastern Property Holdings below 3% . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.

Eastern Property Holdings Ltd. (the "Company") has been notified that as of the close of business on 9 July 2012, the stake in the Company held by Storm Real Estate ASA through its subsidiary Tiberton Yard Ltd. has been reduced to below 3%.

Pursuant to Article 7.6 of the Articles of Association of the Company, as amended at the 2011 Annual Shareholders Meeting on 21 June 2011, "A shareholder must notify the Company of the percentage of its shares outstanding he holds, directly or indirectly, if such aggregate ownership reaches, exceeds or falls below 3%, 5%, 10%, 15%, 20%, 25%, 33%, 50% or 66% as a result of an acquisition or disposal of shares or any other form of financial instrument or derivative which results in an entitlement to acquire, on such Shareholder's own initiative alone, shares of the Company."

The reporting levels are based on the total 5,338,132 shares in issue.

The Memorandum and Articles of Association of Eastern Property Holdings are available on the Company website: www.easternpropertyholdings.com

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Eastern Property Holdings Ltd. is an SIX Swiss Exchange-listed real estate development company focusing on Russia. The company holds interests in office, residential, retail and parking properties and developments, principally in Moscow and St. Petersburg. EPH is managed by Valartis International Ltd. a wholly-owned subsidiary of Valartis Group AG. Additional information on Eastern Property Holdings is available by contacting Terry Olin, Tel: [phone].

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Source: Eastern Property Holdings Limited (EPH) via Thomson Reuters ONE

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