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Engel East Europe NV (KBE)

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Monday 30 January, 2006

Engel East Europe NV

Holding(s) in Company

Engel East Europe N.V.
30 January 2006

30 January 2006

Engel East Europe N.V. ('the Company')

Notification of interest in shares

The Company received notification on 18 January 2006 from Artemis Investment
Management Ltd. that Artemis UK Growth held 4,907,408 ordinary shares in the
Company, representing 5.59% of the issued share capital and that Artemis
Institutional UK Growth held 925,926 ordinary shares in the Company,
representing 1.05% of the issued share capital.

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