KIEV, March 10 – Three Ukrainian developers have shown the worst share performance during the period of the downturn among the CIS companies that have conducted initial public offerings, according to a report drawn up by the PBN Company, a strategic and financial communications consultancy.

In particular, from Aug. 9, 2007 to Dec. 31, 2008, the fall in the share price of XXI Century Investments was 99.37%, that for TMM Real Estate Development 97.28%, and that for KDD Group N.V. 96.43%.