DPD Dev Prop

RNS Number:2983Q
Deutsche Bank AG London
29 January 2007

Deutsche Bank AG, London Branch

29 January 2007

Not for distribution, directly or indirectly, in or into the United States or
any jurisdiction in which such distribution would be unlawful.

                       Stabilisation notice - Correction

Dev Property Development plc (the "Company") offer of 137,999,800 ordinary
shares (the "Shares") of 1 penny each of the Company (the "Offer").

Deutsche Bank AG, London Branch ("Deutsche Bank") is the stabilising manager in
respect of the Offer and may conduct stabilising activities in relation to the
Shares in connection with the Offer in order to support the market price of the
ordinary shares of the Company.

Deutsche Bank confirms that stabilisation transactions may occur during the
stabilisation period, which commenced at 8.00am on 29 January 2007 and will end
at close of business on 27 February 2007, rather than on 1 March 2007 as
previously announced.

There is no assurance that stabilisation activities will be undertaken and such
activities may be stopped at any time.

This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or dispose
of any securities of the Company in any jurisdiction.




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

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