RNS Number:0718B
Guangdong Development Fund Ld
30 July 2007

Guangdong Development Fund Limited
Holding in Company
30 July 2007

Guangdong Development Fund Limited (the "Company") was informed on 28 July 2007
that FE Select II Investments Limited had sold 5,829,768 ordinary shares of
$0.01 each in the Company on 26 July 2007, following which disposal it no longer
holds a disclosable shareholding in the ordinary shares of the Company.

ENDS




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