PACTOLUS HUNGARIAN PROPERTY PLC - Asset Manager's Update - Loan Facility

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Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
M&L Property	LSE:PHU	London	Ordinary Share	GB00B0YMRZ51	ORD 1P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	23.50						0.00	01:00:00

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
	0	0		N/A	0

PACTOLUS HUNGARIAN PROPERTY PLC - Asset Manager's Update - Loan Facility

30/04/2015 1:06pm

PR Newswire (US)

Pactolus Hungarian Property (LSE:PHU)
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                        Pactolus Hungarian Property PLC

                    Asset Manager's Update - Loan Facility

          Pactolus Hungarian Property plc (the 'Company' or "Group")

                        Loan Facility & Property Sale/s

Further to the Company's announcement on 2 March 2015, the Group has sold a
further property at a sales price of £187,300 (following all sales commission
and tax) and the sales proceeds have been applied against the loan to the
Company by M & M Investment Company plc.

The total loan now owing to M & M Investment Company plc (and any associates)
is now €1,415,688.

The Company's annualised rent roll is currently around €482,000.


For further information, please contact:

Asset Manager:

Midas Investment Management Limited
Tel: +44 (0) 161 228 1709

Nominated Adviser:

Liam Murray/Jo Turner
Cairn Financial Advisers LLP
Tel: +44 (0) 20 7148 7900