AFI Development Plc announces that it has entered into an employment contract with Mr. Lev Leviev. Under the terms of the employment contract, Mr. Lev Leviev will be employed as a strategic adviser for the Company, effective from 1 May 2019. The role will involve responsibility for sourcing new investment opportunities, leading strategic negotiations with key potential investment partners and key lenders of the Company, and providing advice and recommendations on strategic development for the Company. Mr. Leviev will not be a director of the Company.