TALIESIN PROPERTY FUND LIMITED 
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Taliesin Property Fund Limited
Issue of equity
Taliesin Property Fund Limited (the "Company") announces that it has today issued 231,483 new ordinary shares of no par value ("New Ordinary Shares") to Taliesin Management Limited ("TML"), the Company's investment manager, in satisfaction of the performance fee payable for the year ended 31 December 2012. Pursuant to the terms of the Company's investment management agreement with TML, the New Ordinary Shares have been issued at a price equal to the 20 day average share price prior to 31 December 2012, being ?13.90.
Following the issue of shares, TML will have a total shareholding in the Company of 288,259 ordinary shares, representing 6.89 per cent. of the Company's voting rights.
Application has been made for the 231,483 New Ordinary Shares to be admitted to trading on AIM and admission is expected to be effective at 8.00 a.m. on 12 June 2013.
Following the allotment of the New Ordinary Shares, with effect from admission, the Company's issued share capital will consist of 4,193,771 ordinary shares of which 10,000 ordinary shares will be held in treasury. Accordingly, the total number of voting rights in the Company will be 4,183,771.
For further information, please contact:
Taliesin Property Fund Limited
Mark Smith, Director 01534 700 000
Westhouse Securities Limited
Alastair Moreton / Darren Vickers 020 7601 6118
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