Cancellation of Admission of Ordinary Shares- AIM (9656X)

TIDMRPF

RNS Number : 9656X

Romania Property Fund Limited

14 December 2010

14 December 2010

For immediate release

The Romania Property Fund Limited

("Romania Property Fund" or "the Company")

Notice of Cancellation of Admission of Ordinary Shares from AIM and Report and Accounts and Interim Report Posted

The Company announces that the Annual Report and Financial Statements for the year ended 31 December 2009 and the Interim Report for the six months ended 30 June 2010 (together the "Financial Statements") are available for viewing on the Company's website at www.romaniapropertyfund.com and will be posted to shareholders forthwith.

The Company also announces the cancellation of admission of the Company's Ordinary Shares to trading on AIM, following a period of six months of suspension from trading and in accordance with AIM Rule 41. The cancellation of the Company's Ordinary Shares from AIM will be effective from 7.00 am on 15 December 2010.

As mentioned in the Financial Statements, the Company's discussions with Blackpearl Property Limited in relation to a potential acquisition by the Company of a portfolio of additional Romanian assets and simultaneous fund raising are ongoing. If those discussions are successfully concluded and the resulting transaction approved by Shareholders, the Company will apply for its Ordinary Shares to be re-admitted to AIM on completion of the transaction. In the meantime, the Company intends to keep shareholders advised of new developments in the Company's business by disclosing material information to shareholders through its website.

For further information please contact:

The Romania Property Fund

Limited

Richard Prickett, Chairman [phone]

Canaccord Genuity Limited

(Nominated Adviser and Broker)

Sue Inglis/Robert Finlay [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

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