DPD Dev Prop

RNS Number:7795Q
Numis Securities Limited
26 March 2008




                 DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS

                      WITH RECOGNISED INTERMEDIARY STATUS

                      DEALING IN A CLIENT-SERVING CAPACITY

                      (Rule 38.5(a) of the Takeover Code)



1.         KEY INFORMATION


Name of exempt principal trader                Numis Securities Limited

Company dealt in                               Dev Property Development Plc

Class of relevant security to which the        Ordinary shares 1p
dealings being disclosed relate (Note 1)

Date of dealing                                25 March 2008






2.         DEALINGS (Note 2)



(a)        Purchases and sales


Total number of securities purchased   Highest price paid (Note 3)           Lowest price paid (Note 3)


2,500                                  71 Pence                              71 Pence




Total number of securities sold        Highest price received (Note 3)       Lowest price received (Note 3)


Nil                                    Nil                                   Nil



(b)       Derivatives transactions (other than options)


Product name,         Long/short (Note 4)       Number of securities (Note 5)        Price per unit (Note 3)

e.g. CFD
Nil                   Nil                       Nil                                  Nil





(c)        Options transactions in respect of existing securities

(i)         Writing, selling, purchasing or varying


Product name,         Writing, selling, Number of securities  Exercise   Type, e.g.      Expiry     Option money
                        purchasing,     to which the option              American,
e.g. call option      varying etc.      relates (Note 5)      price      European etc.   date       paid/received per
                                                                                                    unit (Note 3)

Nil                   Nil               Nil                   Nil        Nil             Nil        Nil




(ii)        Exercising


Product name, e.g. call option         Number of securities                  Exercise price per unit (Note 3)


Nil                                    Nil                                   Nil



3.         OTHER INFORMATION



Agreements, arrangements or understandings relating to options or derivatives




Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating
to the voting rights of any relevant securities under any option referred to on this form or relating to the voting
rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is
referenced.  If none, this should be stated.


N/A








Date of disclosure                                                26 March 2008

Contact name                                                      Henry Jenkins

Telephone number                                                  0207 260 1259

Name of offeree with which connected                              Dev Property Development Plc
Nature of connection (Note 6)                                     Nomad and broker to Dev Property Development Plc






Notes



The Notes on Form 38.5(a) can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk


















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