Completion of Domo Acquistion

Equest Investments Balkans Ltd 01 October 2007 For Immediate Release EQUEST INVESTMENTS BALKANS LIMITED Completion of acquisition of 75% Stake in Domo Retail S.A. by Lynx Property B.V. Further to the announcement of 19 July 2007, Equest Investments Balkans Limited ('EIB' or the 'Company'), today announces the completion of the acquisition by its 75% owned subsidiary, Lynx Property B.V. ('Lynx') of 75% of the shares of Domo Retail S.A. ('Domo') for a total consideration of €62.5 million. The consideration has been funded by €30 million in cash from Lynx and a €35 million loan facility from Raiffeisen Zentralbank Osterreich AG ('RZB'). EIB, from its own resources, has provided a shareholder loan facility of up to €13.5 million to Lynx to partially finance the consideration paid by Lynx, and Lyra Investment Holding N.V., which owns 25% of Lynx, has provided Lynx with the balance of the Lynx consideration. Lynx has entered into a shareholders agreement with Domo's founding shareholders, which includes, inter alia, rights and obligations in certain circumstances for Lynx to acquire the remaining 25% from Domo's founding shareholders, with consideration to be based on Domo's financial performance in 2007 and 2008. Domo is a consumer electronics and household appliances retailer in Romania. Domo currently operates 116 retail shops located in major cities throughout Romania, with an average size of over 420 sq m. Commenting on this acquisition, Petri Karjalainen, Managing Partner of Equest Partners Limited, EIB's Investment Adviser, said today: 'We are delighted to have completed the strategically important Domo acquisition. Domo will add to EIB's strong foothold in the consumer electronics business through our investment in Technomarket. Furthermore, we believe that this acquisition will enable us to achieve considerable operational and purchasing power synergies with Technomarket and that we will be able to contribute significantly to the business' strong growth.' Mr Lorand Szarvadi-Teglas, the CEO of Domo, added: 'Partnering with EIB, through Lynx, strengthens our company and ensures we have both the capital and the human resources needed to continue to expand our business.' For further information please contact: Equest Partners Limited + 44 20 7240 7600 Petri Karjalainen Naomi Kora Collins Stewart Europe Limited +44 20 7523 8350 Hugh Field Jonny Sloan Financial Dynamics + 44 20 7831 3113 Ed Gascoigne-Pees David Cranmer This information is provided by RNS The company news service from the London Stock Exchange
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