REG-Pactolus Hungarian Property PLC: Holding(s) in Company

For filings with the FSA include the
annex

For filings with issuer exclude the
annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying Pactolus Hungarian Property plc
issuer of existing shares to which voting
rights are attached: ii

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights x

An acquisition or disposal of qualifying financial instruments which
may result in the acquisition of shares already issued to which voting
rights are attached

An acquisition or disposal of instruments with similar economic effect
to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please
specify):

3. Full name of person(s) subject to the Rensburg Sheppards Investment
notification obligation: iii Management Limited

4. Full name of shareholder(s) (if different N/A
from 3.):iv

5. Date of the transaction and date on which 8th June 2009
the threshold is crossed or reached: v

6. Date on which issuer notified: 17th June 2009

7. Threshold(s) that is/are crossed or 3%
reached: vi, vii

8. Notified details:
A: Voting rights attached to shares viii, ix

Class/type of Situation previous Resulting situation after
shares to the triggering the triggering
transaction transaction

if possible Number Number Number Number of % of voting
using of of of voting rights x
the ISIN CODE Shares Voting shares rights
Rights

Direct Direct Indirect Direct Indirect
xi xii

GB00B0YMRZ51 below 3% below 3% 669,333 3.66%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial Expiration Exercise/ Number of voting % of voting
instrument date xiii Conversion Period rights that may be rights
xiv acquired if the
instrument is
exercised/
converted.

C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments xv, xvi

Resulting situation after the triggering transaction

Type of Exercise Expiration Exercise/ Number of voting % of voting
financial price date xvii Conversion rights instrument rights xix, xx
instrument period refers to
xviii

Nominal Delta

Total (A+B+C)

Number of voting rights Percentage of voting rights

669,333 3.66%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi

Client holdings registered in the name of Nominee companies 100% owned by
Rensburg Sheppards Investment Management Limited.

Proxy Voting:

10. Name of the proxy holder: N/A

11. Number of voting rights proxy holder will N/A
cease to hold:

12. Date on which proxy holder will cease to N/A
hold voting rights:

13. Additional information: N/A

14. Contact name: N/A

15. Contact telephone number: N/A

END