THE BLACK SEA PROPERTY FUND LIMITED

For immediate release
16 March 2013

Annual Report and Audited Financial Statements for the year ended 31 December 2012

The Black Sea Property Fund Limited is pleased to announce its annual results for the year ended 31 December 2012.

The Annual Report and Consolidated Financial Statements are being circulated to shareholders and will be available shortly on the company’s website:

The annual report and accounts for the year ended 31 December 2012
can be found here

Copies can be obtained in hard copy form free of charge, from the Company Secretary, SJ Secretaries Limited, at 1 Waverley Place, Union Street, St Helier, Jersey, JE1 1SG, Channel Islands

Enquiries:

Company Secretary
SJ Secretaries Limited         +44 (0) 1534 850750

Nominated Advisor
N+1 Singer         +44 (0) 207 496 3000
James Maxwell
Nick Donovan