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Wednesday 12 December, 2007

European Conv Prop

Change of Adviser

European Convergence Property CoPLC
12 December 2007


12 December 2007

                   European Convergence Property Company plc

                        Appointment of Nomad and Broker

The Directors of European Convergence Property Company plc (the 'Company'), a
property company focused on investing in commercial, retail and industrial
property in South-East Europe with a view to taking advantage of high yields and
the potential for capital appreciation, announce that Panmure Gordon (UK)
Limited will now act as Nomad and broker to the Company, with immediate effect.

Panmure Gordon (UK) Limited replace Panmure Gordon (Broking) Limited in this
role after a group restructuring.

For further information, please contact:

European Convergence Property Company plc        +44 (0)1624 640200
Anderson Whamond

Panmure Gordon & Co.                             +44 (0)20 7459 3600
Hugh Morgan



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