DPD Dev Prop

RNS Number:0667S
Deutsche Bank AG London
01 March 2007



Deutsche Bank AG, London Branch

1 March 2007

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

                           Post Stabilisation Notice


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"), hereby gives notice that no
stabilisation (within the meaning of the rules of the Financial Services
Authority) was undertaken in relation to the Offer.

Deutsche Bank confirms the following:

 1. the stabilising manager was Deutsche Bank;


 2. the issue price of the Shares was 100 pence per share; and


 3. the stabilisation period commenced at 8.00am on 29 January 2007 and ended at
    close of business on 27 February 2007.

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

END
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