Holding(s) in Company
Livermore Investmens Press Release 2008 / USD 20 Million Investment
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6 February 2008

USD 20 Million Investment

LIVERMORE INVESTMENTS GROUP LIMITED ("LIVERMORE")

USD 20 Million Investment



Livermore today announces that it has taken a minority stake by investing USD20 million into an exclusive private equity fund managed by SRS Private Investments. The fund, in turn, will invest in relatively large private equity transactions in the Indian Real Estate sector at attractive valuations. Livermore expects an IRR of over 25% from this investment over the next 3-4 years.


Enquiries:

Livermore
Doron Yassur
+972 542 555900


Hudson Sandler
Jessica Rouleau / Fran Read
+44 (0) 20 7796 4133


Numis Securities
Lee Aston
+44 (0) 20 7260 1000