For immediate release
24 January 2007
Annual General Meeting
The Ottoman Fund Limited (the “Fund”), which invests in the development of local housing and holiday homes in the major cities and coastal resorts of Turkey, is pleased to announce that all resolutions put to shareholders at the Fund’s annual general meeting held today in Jersey, including a special resolution to approve the Fund’s share buy-back authority, were duly passed.
The Fund is managed by Development Capital Management (Jersey) Limited.
For further details please contact:
Development Capital Management 020 7355 7600
Buchanan Communications 020 7466 5000
Numis Securities Ltd 020 7776 1500