Rule 8.3-Dev Property Develop

RNS Number:9013T
Fidelity International Ltd
07 May 2008

AVS Number:



                                                                    FORM 8.3

    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
                        (Rule 8.3 of the Takeover Code)



1.         KEY INFORMATION


Name of person dealing  (Note 1)                    FMR LLC and/or one or more of its direct or indirect
                                                                           subsidiaries
                                                                                And
                                                Fidelity International Limited and/or one or more of its direct and
                                                                      indirect subsidiaries

Company dealt in                                                   Dev Property Development Plc

Class of relevant security to which the                                   Ordinary Shares
dealings being disclosed relate (Note 2)

Date of dealing                                                              06-May-08




2.         INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)       Interests and short positions (following dealing) in the class of
relevant security dealt in (Note 3)

                                                             Long                              Short
                                               Number                           Number
                                                          (%)                              (%)

(1) Relevant securities                        14,140,500   (10.24%)

(2) Derivatives (other than options)

(3) Options and agreements to purchase/sell

Total                                          14,140,500   (10.24%)




(b)       Interests and short positions in relevant securities of the company,
other than the class dealt in (Note 3)

Class of relevant security:                                  Long                              Short
                                               Number                           Number
                                                          (%)                              (%)

(1) Relevant securities

(2) Derivatives (other than options)

(3) Options and agreements to purchase/sell

Total





(c)       Rights to subscribe (Note 3)

Class of relevant security:                    Details








3.         DEALINGS (Note 4)

(a)       Purchases and sales

Purchase/sale                          Number of securities           Price per unit (Note 5)

Sale                                   6,300                          0.7900 GBP/ Share



(b)       Derivatives transactions (other than options)

Product name,         Long/short (Note 6)       Number of securities (Note 7)        Price per unit (Note 5)
e.g. CFD








(c)       Options transactions in respect of existing securities

(i)         Writing, selling, purchasing or varying

Product name,         Writing, selling, Number of securities  Exercise   Type, e.g.      Expiry     Option money
                        purchasing,     to which the option              American,
e.g. call option      varying etc.      relates (Note 7)      price      European etc.   date       paid/received per
                                                                                                    unit (Note 5)





(ii)        Exercising

Product name, e.g. call option         Number of securities                  Exercise price per unit (Note 5)







(d)       Other dealings (including new securities) (Note 4)

Nature of transaction (Note 8)         Details                               Price per unit (if applicable) (Note 5)





4.         OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating
to the voting rights of any relevant securities under any option referred to on this form or relating to the voting
rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is
referenced.  If none, this should be stated.




Is a Supplemental Form 8 attached? (Note 9)                                              No


Date of disclosure                                                                    07-May-08

Contact name                                                                        Fabio Correia

Telephone number                                                                    01737 837092

If a connected EFM, name of offeree/offeror with which connected                         N/A

If a connected EFM, state nature of connection (Note 10)                                 N/A




Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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