Ace Liberty & Stone Plc
LSE : ALSP

June 29, 2011 07:41 ET

Property Investment Update

ACE LIBERTY & STONE PLC

PROPERTY INVESTMENT UPDATE

The directors of Ace Liberty & Stone Plc ("Ace", the "Company") are pleased to announce that they have sold
part  of  the  portfolio  of  houses  in Stoke on Trent owned through its  subsidiary  company,  Silverdale
Worldwide  Limited  due  to  compulsory  purchase by Stoke on Trent  Council.   The  proceeds  which  total
GBP434,508  have  been used to reduce the indebtedness secured on the portfolio and  the  profit  based  on
valuation is GBP29,008.

The Directors of the Issuer accept responsibility for the contents of this announcement.

FOR FURTHER INFORMATION PLEASE CONTACT:

Mark Eichhorn
Director

Ace Liberty & Stone Plc
Tel:  +44 (0) 20 7201 8340


29 June 2011

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