THE BLACK SEA PROPERTY FUND

ANNOUNCEMENTS

Annual Report and Audited Financial Statements for the year ended 31 December 2009

30 June 2010

Return of Capital

11 June 2010

Change of Auditor

10 March 2010

Interim Report and Financial Statements for the half-year ended 30 June 2009

30 September 2009

Annual General Meeting

1 September 2009

Change of Nominatated Adviser & Broker

14 August 2009

Annual General Meeting

17 July 2009

Change of Administrator

17 July 2009

Letter to shareholders

17 July 2009

Notice of Annual General Meeting

17 July 2009

Form of Proxy

17 July 2009

Annual Report and Financial Statements for the Year Ended 31 December 2008

30 June 2009

Board changes - AIM rule 17 disclosure

2 June 2009

Notification of Major Interest -
SVM Asset Management Limited

1 June 2009

TR 1 Disclosure Form BKSA - Weiss Capital LLC

23 March 2009

TR 1 Disclosure Form BKSA -
BNP Paribas Securities Services Nominees Ltd

20 March 2009

Proposals for reclassification to “Listed Fund” status

6 March 2009

Extraordinary General Meeting

4 March 2009

TR 1 Disclosure Form BKSA -
BNP Paribas Securities Services Nominees Ltd

4 March 2009

Notification of shareholding

16 February 2009

TR 1 Disclosure Form BKSA - New Star Asset Management Limited

10 February 2009

TR 1 Disclosure Form BKSA - BlackRock Global Funds

9 February 2009

TR 1 Disclosure Form BKSA - BlackRock Inc

9 February 2009

TR 1 Disclosure Form BKSA - Weiss Capital LLC

9 February 2009

Proposals for reclassification to "Listed Fund" status

8 February 2009

Annual General Meeting

18 December 2008

TR 1 Disclosure Form BKSA - Weiss Capital LLC

20 November 2008

TR 1 Disclosure Form BKSA - Weiss Capital LLC

11 November 2008

Notification of shareholding

11 November 2008

Portfolio Update

11 November 2008

TR 1 Disclosure Form BKSA - Black Rock Global Funds

10 November 2008

TR 1 Disclosure Form BKSA - BlackRock Inc

10 November 2008

Notification of Major Shareholding Interests - QVT Financial LP

8 November 2008

Portfolio Update

24 October 2008

TR 1 Disclosure Form BKSA - BNP Paribas Arbitrage SNC

7 October 2008

TR 1 Disclosure Form BKSA - Morgan Stanley Secs Ltd

2 October 2008

TR 1 Disclosure Form BKSA - BlackRock Global

1 October 2008

TR 1 Disclosure Form BKSA - BlackRock Inc

1 October 2008

BSPF Transaction in own shares

29 September 2008

Interim results for the half year ended 30 June 2008

25 September 2008

Holdings in Company

24 September 2008

Holdings in Company

24 September 2008

Notification of shareholding

23 September 2008

Transaction in own shares

22 September 2008

Transaction in own shares

17 September 2008

Transaction in own shares

16 September 2008

Transaction in own shares

11 September 2008

Transaction in own shares

8 September 2008

Transaction in own shares

28 July 2008

Share buy back

8 July 2008

Final results for the twelve months ended 31 December 2007

16 May 2007

Board Changes

11 March 2007

Notification of shareholding

7 March 2007

Notification of shareholding

12 March 2007

Notification of shareholding

14 March 2007

Notifiable interest

20 March 2007

Notifiable Interest

21 March 2007

Notifiable interest

26 March 2007

Further land acquisition, resolution of claim and trading update

9 May 2007

Final results for the twelve months ended 31 December 2006

10 May 2007

Quarterly valuation as at 31 March 2007

30 May 2007

Notifiable Interest

11 June 2007

Annual General Meeting

22 June 2007

Completion of land purchase at Borovets and valuation update as at 30 June 2007

30 June 2007

Notification of shareholding

30 July 2007

Compliance with aim rule 26

17 August 2007

Strategic Review

24 August 2007

Requisition of an EGM

31 August 2007

Management Arrangements

6 September 2007

Notice of extraordinary general meeting

19 September 2007

Interim results for the six months ended 30 June 2007

19 September 2007

Up-date re. Strategic review, board and extraordinary general meeting

12 October 2007

Board Changes

19 October 2007

Result of extraordinary general meeting

30 October 2007

Board Changes

08 November 2007

Quarterly valuation as at 30 September 2007

20 December 2007

Land purchase in Sofia

Exit from Tsarevo investment

Sales Progress Report

Link to London Stock Exchange