Holding(s) in Company

    RNS Number : 5023K
  Bulgarian Property DevelopmentsPLC
  19 December 2008
   

    FOR IMMEDIATE RELEASE    
    19 DECEMBER 2008


    Bulgarian Property Developments Plc


 TR-1: Notifications of Major Interests in Shares

                                                       Bulgarian Property Developments Plc
 1. Identity of the issuer or the underlying issuer
 of existing shares to which voting rights are
 attached:

 2. Reason for notification (yes/no)
                                                                             yes
 An acquisition or disposal of voting rights

 An acquisition or disposal of financial instruments which may result in
 the acquisition of shares already issued to which voting rights are
 attached 

 An event changing the breakdown of voting rights

 Other (please specify):______________

 3. Full name of person(s)                       Henderson Global Investors Ltd
 subject to notification
 obligation:

 4. Full name of shareholder(s)
 (if different from 3):

 5. Date of transaction (and                            15 December 2008
 date on which the threshold is
 crossed or reached if
 different):

 6. Date on which issuer                                19 December 2008
 notified:

 7. Threshold(s) that is/are                                   0%
 crossed or reached:

 8. Notified details:












 A: Voting rights attached to shares

 Class/type of shares       Situation previous to the triggering        Resulting situation after the triggering transaction
 If possible use ISIN code  transaction
                            Number of shares      Number of voting      Number of shares  Number of voting       Percentage of voting
                                                  rights                                  rights                 rights

                                                                        Direct            Direct  Indirect       Direct        Indirect

 ORD GBP 0.25               6,825,000             6,825,000             0                 0                      0
 GB00B058TT05

 B: Financial Instruments

 Resulting situation after the triggering transaction

 Type of financial instrument  Expiration date  Exercise/ conversion  No. of voting rights  Percentage of voting
                                                period/date           that may be acquired  rights
                                                                      (if the instrument
                                                                      exercised/converted)




 Total (A+B)

 Number of voting rights  Percentage of voting rights

 0                        0





















 9. Chain of controlled undertakings through which the voting rights and /or
 the financial instruments are effectively held, if applicable:























 Proxy Voting:

 10. Name of proxy holder:                                         
                                                                   
 11. Number of voting rights proxy holder will cease to hold:      
                                                                   
 12. Date on which proxy holder will cease to hold voting rights:  
                                                                   

 13. Additional information:















 14 Contact name:             Vina Patel

 15. Contact telephone name:  020 7818 6439


    For notes on how to complete form TR-1 please see the FSA website.   
    Note: Annex should only be submitted to the FSA not the issuer

 Annex: Notification of major interests in shares


 A: Identity of the persons or legal entity subject to the notification obligation
 Full name                                                                                            
 (including legal form of legal entities)                                                             
                                                                                                      
 Contact address                                                                                      
 (registered office for legal entities)                                                               
                                                                                                      
 Phone number & email                                                                                 
                                                                                                      
 Other useful information                                                                             
 (at least legal representative for legal persons)                                                    
                                                                                                      

 B: Identity of the notifier, if applicable
 Full name                                                                          
                                                                                    
 Contact address                                                                    
                                                                                    
 Phone number & email                                                               
                                                                                    
 Other useful information                                                           
                                                                                    
                                                                                    
 (e.g. functional relationship with the person or legal entity subject to the       
 notification obligation)                                                           

 C: Additional information




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