Valuation 28th Feb 2006

RNS Number:6130A
Ottoman Fund Limited (The)
30 March 2006


The Ottoman Fund Limited                                           30 March 2006


For immediate release
                                        
                                        
                            The Ottoman Fund Limited
                                        
                                        
                       Valuation as at 28th February 2006


The Board of The Ottoman Fund Limited (the "Fund"), is pleased to announce its
first quarterly valuation following a successful listing on AIM. The Fund
specialises in providing financing to developers of local housing and holiday
homes in the major cities and costal resorts of Turkey,


The Fund is managed by Development Capital Management (Jersey) Limited. (the
"Manager")


   *The net asset value of the Fund is #138,801,914 (92.53p per share)






List of Contacts


Development Capital Management                                     020 7399 4270
Roger Hornett
Tom Pridmore


Buchanan Communications                                            020 7466 5000
Charles Ryland
Isabel Podda


Numis Securities Ltd                                               020 7776 1500
Andrew Dawber
Ian McDonald








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

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