SDCC Speymill Deut.C

RNS Number:1320H
Speymill Deutsche Immobilien Co PLC
07 November 2007


Speymill Deutsche Immobilien Company plc ("SDIC" or "the Company")

Annual Report, Notice of AGM and Notice of EGM

Speymill Deutsche Immobilien Company plc (AIM: SDIC; SDCC), the pan-German
residential property investment company listed on AIM, advises shareholders that
the Annual Report & Accounts of the Company for the year ended 30 June 2007 are
to be posted today.

The Annual Report & Accounts includes a notice of the Annual General Meeting of
the Company ("AGM") to be held at the offices of Galileo Fund Services Limited,
Jubilee Buildings, Victoria Street, Douglas, Isle of Man IM1 2SH on 30 November
2007 at 9:00 a.m..

Both Ordinary Shareholders and C Shareholders will be required to vote on all
the resolutions to be proposed at the AGM. These resolutions are set out below:

1. To receive and consider the Report of the Investment Manager, Report of
   the Directors, Auditors' Report and the Audited Consolidated Financial
   Statements of the Company for the year to 30 June 2007.

2. To approve the payment of a final dividend to the holders of the
   Ordinary Shares of 0.70 Euro cents per Ordinary Share.

3. To note that no dividend be payable in respect of the C Shares.

4. To re-appoint KPMG Audit LLC Isle of Man as Auditors of the Company for
   the year to 30 June 2008.

5. To authorise the purchase by the Company of up to 15% of the fully paid
   Ordinary Shares in issue and up to 15% of the C Shares in issue at a price of
   no less than one Euro cent and not more than EUR5.00 per share with an expiry
   date of the conclusion of the second Annual General Meeting or, if earlier, 
   on 31 December 2008. Any such purchase of shares will be subject to the 
   consent and approval of a class meeting of the holders of convertible shares.

In addition, the Company will post a notice of an extraordinary general meeting
of the C Shareholders to be held at the same venue on 30 November 2007 at 
9.30 a.m. for the purpose of considering and, if thought fit, passing the 
following resolution as a special resolution:

"THAT subject to the passing of resolution 5 by the members of the Company at
the annual general meeting held at 9:00 a.m. on 30 November 2007, any such
purchase by the Company of ordinary shares or C shares in accordance with the
terms of such resolution be and is hereby consented to and approved".

7 November 2007

For further information, please contact:

Azhic Basirov / Siobhan Sergeant
Smith & Williamson Corporate Finance Limited                     020 7131 4000

Paul Richards / James King
Fairfax I.S. PLC                                                 020 7598 5368

Ian Dungate / Suzanne Jones
Galileo Fund Services Limited                                    01624 692600


Notes to editors:

- Speymill Deutsche Immobilien Company plc is a pan-German residential property
investment company which listed on AIM in March 2006, raising #170 million on
admission.

- In May 2007, the Company raised a further EUR250 million through a placing of 
C Shares which were admitted to trading on AIM on 10 May 2007.

- The Company was established to invest in the German property market and, 
predominantly, in the residential sector. It is anticipated that once fully 
invested, the Company will have a balanced portfolio of properties throughout 
Germany.

- The Company's objective is to provide Shareholders with an attractive level of
income together with the prospect for long-term capital growth.

- The Manager is Speymill Property Managers Limited and the Investment Adviser 
is GOAL Service GmbH. The Manager and Investment Adviser are responsible for 
identifying new investment opportunities.

- The Manager is a subsidiary of Speymill Group plc (AIM: SYG) while the 
Investment Adviser is a joint venture partner of Speymill Group plc (which owns 
51% of the venture).











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            The company news service from the London Stock Exchange

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