TIDMSPFL 
 
26 January 2010 
 
                   Sofia Property Fund Limited (the "Company") 
 
 
                                Disposal of asset 
 
The  Directors of the Sofia Property Fund Limited announce that their subsidiary 
company,  Fumero  Properties  SA, has today sold its  Bulgarian  subsidiary,  VT 
Developments  EOOD,  to  International  Residential  Holdings  SA  for  a   cash 
consideration  of  EUR  450,000.00. The sole asset of VT  Developments  EOOD  is 
13,443  square metres of land in the Bulgarian city of Veliko Tarnovo, which  at 
the last published valuation, dated 30 June 2009, was valued at EUR1.9 million. 
 
The proceeds from the sale will be used for working capital purposes. 
 
For further information contact: 
 
Sofia Property Fund Limited 
Charles Burton 
 
Panmure Gordon (UK) Limited 
Dominic Morley 
Stuart Gledhill 
Tel: +44 (0) 20 7459 3600 
 
Conduit PR Ltd 
Ed Portman 
Leesa Peters 
Tel: +44 (0) 20 7429 6607 / +44 (0) 7733 363 501
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