Statement re ABLON GROUP ANNOUNCES ITS FIRST CASH DIVIDEND PAYMENT TO SHAREHOLDERS

    


Ablon Group



Ablon Group Limited ("Ablon" or "the Company"), a leading real estate owner and
developer in Central and Eastern Europe, today announces that the Company has
approved a cash dividend payment of £4 million to the Company's shareholders.

The dividend payment is expected to be payable to all shareholders of record as
at the end of the trading on April 2, 2008 and the record date will be April 4,
2008. The payment date will be May 2, 2008. The cash dividend payment, of 2 per
cent of Ablon's net asset value (NAV) as at 30 September 2006, is in-line with
the Company's dividend policy as announced at the time of the Company's IPO.
This is Ablon's first dividend payment to shareholders since the Company's
initial public offering in March 2007.

Uri Heller, Founder and Chief Executive of Ablon, commented: "Ablon Group had a
very successful year in 2007 and we are pleased to announce this cash dividend
to our shareholders. We remain fully committed to delivering long-term value to
our stakeholders."

                          ____________________________

For further information, please contact:

Ablon Group Limited                                       Shared Value Limited
Daniel Avidan, CFO                                        Nicolas Duperrier
Tel. [phone]                                       Tel. [phone]
                                                          [e-mail]

Credit Suisse Securities (Europe) Limited                 ING
Chris Byrne / Richard Probert                             Aurélie Barry
Tel. [phone]                                  Tel. [phone]

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ABOUT ABLON GROUP

Founded in 1993 in Budapest (Hungary), Ablon Group has properties at 28
different locations split into 54 different projects or phases, of which there
are 13 completed projects and 16 development projects in Budapest, Prague,
Bucharest, Warsaw and Gdansk. Its portfolio comprises a diversified mix of
office, residential, retail, logistics and hotel developments valued at EUR
617.4 million by King Sturge, an independent valuation firm, as at 31 December
2007. Ablon has to date approximately 139,700 square metres of existing and
income generating office and retail assets (at 12 locations) in Budapest and
Prague, with a significant development land bank comprising a further 1,040,600
square metres in the next five years (at 23 locations) in Budapest, Prague,
Bucharest, Warsaw and Gdansk. Ablon's shares are traded on the AIM market of the
London Stock Exchange under the ticker 'ABL'.