RNS Number:5059S
Bulgarian Property DevelopmentsPLC
07 March 2007




Bulgarian Property Developments plc ("BPD")


7 March 2007


In accordance with the Disclosure and Transparency Rules (DTR) 5, we have
received a notification dated 27 February 2007 from Deutsche Bank AG London
stating that on that date they held a notifiable interest of 4,012,880 ordinary
shares of BPD, which represents 5.53% of BPD's issued share capital.

The holding is stated as being held 4,003,500 ordinary shares (5.52%) directly
and 9,380 ordinary shares (0.01%) indirectly.

The reason for this notification is stated as: "Existing Positions requiring
disclosure under the new Disclosure and Transparency Rules".


C. Delacombe

Company Secretary


                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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