European Convergence Develop. CoPLC

3 January 2013

EUROPEAN CONVERGENCE DEVELOPMENT COMPANY PLC

Purchase of own shares for cancellation

European Convergence Development Company PLC ("ECDC" or "the Company")announces that on Thursday 3 January 2013 it purchased for cancellation 100,000 Ordinary Shares in the Company through Panmure Gordon at a price, before expenses, of EUR 0.0325.

As a result of these purchases and cancellations, ECDC will have 89,455,470 Ordinary Shares of EUR 0.80 each in issue.

Enquiries:

European Convergence Development Company plc

+44 (0)1624 640200

Anderson Whamond




Charlemagne Capital

+44 (0)207 518 2100

Varda Lotan




Galileo Fund Services Limited

+44 (0)1624 692600

Ian Dungate, Company Secretary




Panmure Gordon

44 (0)20 7459 3600

Hugh Morgan


Grishma Patel




Smithfield Consultants

+44 (0)20 7360 4900

John Kiely


Ged Brumby


Website: www.europeanconvergencedevelopment.com


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