Holding(s) in Company

Equest Investments Balkans Ltd
02 July 2007





                        EQUEST INVESTMENTS BALKANS LIMITED
                                 (the 'Company')



This announcement replaces announcement 4186Z released at 10.00 am today, Monday
2 July 2007.


The Company has been informed that East Capital Asset Management AB ('East
Capital') has sold 40,000 shares in the Company.  East Capital now hold 689,825
shares in the Company representing 3.98% of the total shares in issue.



For further information please contact:

Equest Partners Limited

+ 44 20 7240 7600
Petri Karjalainen
Naomi Kora




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