Disclosure of Interest

Equest Investments Balkans Ltd
30 May 2007


COMPANY ANNOUNCEMENT


For Immediate Release                                                                              30 May 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 200,000 shares in the Company.  East Capital now hold 879,825
shares in the Company representing 5.08% of the total shares in issue.



Enquiries:


Equest Partners Limited                              Petri Karjalainen / Naomi Kora
                                                     Phone:  [phone]

RSM Robson Rhodes LLP                                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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