TALIESIN PROPERTY FUND LIMITED 
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Taliesin Property Fund Limited
Proposed issue of zero dividend preference shares
In its annual report and accounts for the year ended 31 December 2012, the Board of Taliesin Property Fund Limited (the "Company") confirmed that following its acquisition of a new portfolio of 16 Berlin based properties, the Company is exploring raising additional finance to, inter alia, undertake refurbishment and build out the loft space in a number of its properties.
The Board, in conjunction with its financial adviser Westhouse Securities Limited, has further considered the financing options available to the Company and is now pleased to announce that it intends to undertake a placing of zero dividend preference shares to raise gross proceeds of up to £15 million.
The Company expects to publish a prospectus setting out the terms of the proposed issue and announce further details of the proposals in due course.
For further information, please contact:
Taliesin Property Fund Limited
Mark Smith, Director
01534 700 000
Westhouse Securities Limited
Corporate Finance: Alastair Moreton / Hannah Young 020 7601 6118
Sales: Matthew Kinkead 020 7601 6626
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