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Fabian Romania Limited - Statement regarding acquisition of ordinary shares

04 November 2008

Hamilton, Bermuda - 4 November 2008 - The Board of Fabian Romania Limited (the "Company") [Ticker: FABROPR.BH] has become aware that a party has been acquiring shares in the Company during the course of this week and believes has obtained a substantial shareholding, potentially around 20 per cent. of the Company's issued share capital. The Company and its advisers are formally attempting to establish the name of this potential substantial shareholder and the size of the stake acquired, to allow an appropriate disclosure under the AIM Rules to be made.

Contacts:

Fabian Capital Limited
Mark Holdsworth	Tel: +44 20 7499 9988

Deloitte Corporate Finance - Nominated Adviser to Fabian
James Lewis	Tel: +44 20 7936 3000

Shore Capital Stockbrokers Limited - Joint Broker to Fabian
Dru Danford	Tel: +44 20 7408 4090