SDCC Speymill Deut.C

RNS Number:4673J
Speymill Deutsche Immobilien Co PLC
07 December 2007


Speymill Deutsche Immobilien Company PLC ("SDIC" or "the Company")

Buy-back of shares

Speymill Deutsche Immobilien Company PLC (AIM: SDIC, SDCC) announces that today
it completed the buy-back of 1,000 C shares of EUR0.25 each in the Company ("C
Shares") at a price of EUR0.75 per share.

The C Shares purchased by the Company will be cancelled and as a result the
total number of shares in issue will be:

Ordinary Shares:    170,000,000
C Shares:           249,999,000


7 December 2007

For further information, please contact:

Azhic Basirov / Siobhan Sergeant
Smith & Williamson Corporate Finance Limited                      020 7131 4000

Paul Richards / James King
Fairfax I.S. PLC                                                  020 7460 4371

Galileo Fund Services Limited
Ian Dungate/ Suzanne Jones                                        01624 692600


Notes to editors:

- Speymill Deutsche Immobilien Company plc is a pan-German residential property
investment company which listed on AIM on March 2006, raising #170 million on
admission.

- In May 2007, the Company raised a further EUR250 million through a placing of 
C Shares which were admitted to trading on AIM on 10 May 2007.

- The Company was established to invest in the German property market and, 
predominantly, in the residential sector. It is anticipated that once fully 
invested, the Company will have a balanced portfolio of properties throughout 
Germany.

- The Company's objective is to provide Shareholders with an attractive level of
ncome together with the prospect for long-term capital growth.

- The Manager is Speymill Property Managers Limited and the Investment Adviser 
is GOAL Service GmbH. The Manager and Investment Adviser are responsible for 
identifying new investment opportunities.

- The Manager is a subsidiary of Speymill Group plc (AIM: SYG) while the 
Investment Adviser is a joint venture partner of Speymill Group plc (which owns 
51% of the venture).



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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