TIDMECDC

RNS Number : 7504Y

European Convergence Develop. CoPLC

31 December 2010

31 December 2010

EUROPEAN CONVERGENCE DEVELOPMENT COMPANY PLC ("ECDC" OR "THE COMPANY")

Removal of Custodian

The Directors of European Convergence Development Company PLC ("ECDC" or the "Company") announce that the Company's custodian, Anglo Irish Bank Corporation (International) plc (the "Custodian") has notified the Company that it is ceasing to provide custody services and is transferring its existing business to an alternative provider. As a result, the Directors have notified the Custodian that that the Company wishes to terminate the custodian agreement between the Company and the Custodian with effect from 31 December 2010. The Directors have decided that, as the Company is fully invested, the services of a custodian are no longer necessary and no replacement custodian will therefore be appointed.

Enquiries:

 
 European Convergence Development Company 
  plc                                         +44 (0)1624 640200 
 Anderson Whamond 
 
                                              +44 (0)207 518 
 Charlemagne Capital                           2100 
 Varda Lotan / Christopher Fitzwilliam Lay 
 
 Galileo Fund Services Limited                +44 (0)1624 692600 
 Ian Dungate, Company Secretary 
 
 Panmure Gordon (UK) Limited                  44 (0)20 7459 
                                               3600 
 Hugh Morgan 
 Abhishek Majumdar 
 
 Smithfield Consultants                       +44 (0)20 7360 
                                               4900 
 John Kiely 
 Gemma Froggatt 
 

Website: www.europeanconvergencedevelopment.com

This information is provided by RNS

The company news service from the London Stock Exchange

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