Dolphin Capital Investors (DCI)  was  first  capitalised  with  €5 million  in  the  summer of 2005 by Dolphin Capital Partners and a select group of investors led by partners of Fortress Investment Group. In December 2005, DCI completed its admission to trading on AIM, raising an additional €104 million at 68 pence per common share and in October 2006 went on to raise a further €300 million in a follow-on issuance priced at 93 pence per common share. The company currently represents the largest real estate investment company listed on AIM, further to a successful €450 million follow-on offering at 170 pence per common share in June 2007.

Since its admission to trading on AIM, DCI has demonstrated an impressive investment performance. The company has currently almost fully committed the original €839 million net equity funds raised (prior to its latest placing in June 2007), acquiring strategic positions in Greece, Cyprus, Croatia, Turkey and the Dominican Republic in attractive land holdings and developments spread over more than 48 million square metres of land.

With an attractive investment pipeline, DCI is set to continue its strong performance over the coming months, serving to further enhance the company’s leadership position in the residential resort sector in south-east Europe whilst continuing to generate significant value for shareholders.