Director/PDMR Shareholding

Equest Investments Balkans Ltd
05 October 2007



Equest Investments Balkans Limited (the 'Company')

Directors Shareholding


The board of Equest Investment Balkans Limited has today received notification
that Petri Karjalainen, non-executive director of the Company, purchased on 4th
October 2007 2,500 ordinary shares in the Company, at £11.70 per share.

The beneficial interest of Petri Karjalainen following this transaction is
71,868 ordinary shares in the Company.



For further information contact:


Equest Partners Limited                               + 44 20 7240 7600
Naomi Kora





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