BPD Bulgarian Prop.

RNS Number:5266E
Bulgarian Property DevelopmentsPLC
26 September 2007




FOR IMMEDIATE RELEASE                                         26 SEPTEMBER 2007

                      BULGARIAN PROPERTY DEVELOPMENTS PLC

                                    ("BPD")


TR-1: Notifications of Major Interests in Shares

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

2. Reason for notification (yes/no)

                                                                          
An acquisition or disposal of voting rights                    x

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) subject to                   GLG PARTNERS LP
notification obligation:                           

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

5. Date of transaction (and date on which                 19/09/2007
the threshold is crossed or reached if           
different):

6. Date on which issuer notified:                         24/09/2007

7. Threshold(s) that is/are crossed or                      

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