RNS Number:7047F
Northern European Properties Ltd
15 October 2007





15 October 2007


Northern European Properties Limited ("NEPR" or the "Company")


Sterling Option re Interim Dividend


The Company wishes to announce that the exchange rate to be applied to the GBP
option for the interim dividend payable on 19 October 2007 will be Euro1.448 =
#1.00. This is equivalent to #0.0269337 per share.






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

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