Pactolus Hungarian Property PLC

                    Asset Manager's Update - Loan Facility

          Pactolus Hungarian Property plc (the 'Company' or "Group")

                        Loan Facility & Property Sale/s

Further to the Company's announcement on 2 March 2015, the Group has sold a
further property at a sales price of £187,300 (following all sales commission
and tax) and the sales proceeds have been applied against the loan to the
Company by M & M Investment Company plc.

The total loan now owing to M & M Investment Company plc (and any associates)
is now €1,415,688.

The Company's annualised rent roll is currently around €482,000.


For further information, please contact:

Asset Manager:

Midas Investment Management Limited
Tel: +44 (0) 161 228 1709

Nominated Adviser:

Liam Murray/Jo Turner
Cairn Financial Advisers LLP
Tel: +44 (0) 20 7148 7900