RNS Number:0988Q
Ottoman Fund Limited (The)
24 January 2007


For immediate release                                            24 January 2007



                            The Ottoman Fund Limited


                             Annual General Meeting


The Ottoman Fund Limited (the "Fund"), which invests in the development of local
housing and holiday homes in the major cities and coastal resorts of Turkey, is
pleased to announce that all resolutions put to shareholders at the Fund's
annual general meeting held today in Jersey, including a special resolution to
approve the Fund's share buy-back authority, were duly passed.


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



For further details please contact:-


Development Capital Management

Roger Hornett

Tom Pridmore

020 7355 7600


Buchanan Communications

Charles Ryland

Isabel Podda

020 7466 5000


Numis Securities

Bruce Garrow

Iain Mcdonald

020 7776 1500







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

END
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