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Orco announces release of Q1 report

Listed property developer Orco announced in a statement that non audited first quarter results will be published on May 20, 2009 after market close.

The company will publish final audited consolidated accounts for year 2008 on June 10, 2009 after market close. The auditors are continuing their review. The company and the auditors have agreed that as a result of the opening of the Safeguard procedure and cash flow forecasts preparation, additional time is required. (press release)