TR-1:   notification of major interests in shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Naya Bharat Property Co plc

2. Reason for the notification   (please tick the appropriate box or boxes) 

An acquisition or disposal of voting rights 

X

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the notification obligation:

Weiss Capital LLC 

4. Full name of shareholder(s) (if different from 3.):

Brookdale International Partners LP, Brookdale Global Opportunity Fundi 

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

 September 14, 2009 

6. Date on which issuer notified:

 September 18, 2009 

7. Threshold(s) that is/are crossed or reached:

 5% 

8. Notified details:

A: Voting rights attached to shares

Class/type of shares 

(if possible using the ISIN CODE)

Situation previous to the Triggering transaction 

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights viii

Number of shares

Number of voting rights ix

% of voting rights

Direct

Direct  x

Indirect xi

Direct

Indirect

IM00B1N95Z00 

<5% 

<5% 

3,003,322 

3,003,322 

n/a 

5.01% 

5.01% 

B: Financial Instruments

Resulting situation after the triggering transaction xii

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period/ Date xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

Total (A+B)

Number of voting rights

% of voting rights

3,003,322 

5.01% 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable xv:

Brookdale International Partners LP: 3.25% 

Brookdale Global Opportunity Fund: 1.75% 

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

Georgiy Nikitin 

15. Contact telephone number:

+1-617-778-7725