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Engel East Europe NV (KBE)

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Tuesday 15 August, 2006

Engel East Europe NV

Notice of Results

Engel East Europe N.V.
15 August 2006


15 August 2006

                               Engel East Europe
                               Notice of results


Engel East Europe, the AIM listed Central and Eastern European residential
property developer will be announcing its interim results for the six months
ended 30 June 2006 on Monday 21 August 2006.


Enquiries:

Citigate Dewe Rogerson
Sally Marshak / George Cazenove / Hannah Seward         020 7638 9571


Engel East Europe listed on AIM in December 2005 and is an international
residential property developer incorporated in The Netherlands.  The Company
operates in Central and Eastern Europe (the 'CEE Region') and has various
developments in Hungary, the Czech Republic, Poland and Bulgaria, as well as
operations in Germany and Canada. The Company has also recently signed MOUs for
projects in Romania and in Serbia. Engel East Europe is currently involved in
the development of more than 11,000 residential units and is in negotiations to
purchase land for the development of thousands of additional units throughout
the CEE Region.



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