Disclosure of Interest

Equest Investments Balkans Ltd
02 July 2007

COMPANY ANNOUNCEMENT



Immediate Release

02 July 2007





Equest Investments Balkans Limited

 (the 'Company')





Re: disclosure of interest



The Company has been informed that East Capital Asset Management AB ('East
Capital') has sold 400,000 shares in the Company.  East Capital now hold 689,825
shares in the Company, representing 3.98% of the total shares in issue.



Enquiries:


Enquiries:
Equest Partners Limited                                     Petri Karjalainen/Naomi Kora
                                                            Phone: [phone]
Grant Thornton                                              Noeleen Neary
                                                            Phone: + 353 1 436 6400























This announcement has been issued through the Companies Announcement Service of



                            The Irish Stock Exchange






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