Eastern Property Holdings Limited (VTX:EPH) Eastern Property Holdings Concludes USD 40 Million Loan Facility

Eastern Property Holdings Limited (VTX:EPH) 16 January 2009



Road Town, Tortola, BVI

Eastern Property Holdings announces the conclusion of a 5 year non-recourse USD 40 million investment loan facility from UniCredit Bank Austria AG, secured by Petrovsky Fort business center in St. Petersburg, Russia.



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Eastern Property Holdings Ltd. (EPH) is an SIX Swiss Exchange-listed real estate development and investment company focusing on Russia. The company holds interests in office, residential, retail and parking properties and developments, principally in Moscow and St. Petersburg. EPH is managed by Eastern Property Management Ltd., a real estate management company that is a wholly-owned subsidiary of Valartis Group AG. Additional information on Eastern Property Holdings is available on the company website (www.easternpropertyholdings.com) or by contacting Terry Olin, Tel: +41 22 716 1035.

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Valartis Group AG is an SIX Swiss Exchange-listed banking group active in Asset Management in Private and Public Equity as well as Real Estate, Investment Banking and Private Wealth Management. Valartis Group AG has offices in Geneva, Zurich, Vienna, Luxembourg, Moscow and St. Petersburg. Further information is available on the website (www.valartis.ch).

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



LINK: http://hugin.info/139905/R/1282924/287174.pdf

Eastern Property Holdings Limited

http://www.easternpropertyholdings.com/

ISIN: VGG290991014

Stock Identifier: XSWX.EPH