SDIC is a newly incorporated Isle of Man company established to invest in German property market and predominantly in the residential sector. The Companys objective is to provide Shareholders with an attractive level of income together with the prospect for long-term capital growth. The Company has a board of five non-executive directors with a diverse range of experience.

It is anticipated that once fully invested, the Company will have a balanced portfolio of properties throughout Germany which will provide investors with a broadly based exposure to the German residential property market.

The Manager (Speymill Property Managers Limited) and the Investment Adviser (GOAL Service GmbH) will be responsible for identifying new investment opportunities that fall within the investment policy and objectives agreed by the Board from time to time.

Listing Exchange: AIM

Listing Date: 17/03/2006

Money Raised: £170m

Nominated Advisor: Smith & Williamson Corporate Finance Ltd

Nominated Broker: Fairfax I.S. PLC