NEW EUROPE PROPERTY INVESTMENTS PLC - Notification of major interest in shares

Notification of major interest in shares

NEW EUROPE PROPERTY INVESTMENTS PLC
(Incorporated and registered in the Isle of Man with registered number
001211V)
(Registered as an external company with limited liability under the laws of
South Africa, registration number 2009/000025/10)
AIM share code: NEPI JSE share code: NEP BVB share code: NEP
ISIN: IM00B23XCH02
(“NEPI” or the “issuer”)


NOTIFICATION OF MAJOR INTEREST IN SHARES


For purposes of compliance with the rules of Romanian Financial Supervisory Authority, the Listings Requirements of the
JSE and the AIM Market, NEPI has been advised of the following information relating to dealings in its securities.

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi


1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are                     NEW EUROPE PROPERTY INVESTMENTS PLC
attached: ii

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights                                                                  X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of
shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):
3. Full name of person(s) subject to the
                                                         PUBLIC INVESTMENT CORPORATION SOC LTD
notification obligation: iii
4. Full name of shareholder(s)
                                                         N/A
 (if different from 3.):iv
5. Date of the transaction and date on
which the threshold is crossed or                        31 March 2016
reached: v
6. Date on which issuer notified:                        1 April 2016
7. Threshold(s) that is/are crossed or
                                                         10%
reached: vi, vii
8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of          Situation previous              Resulting situation after the triggering transaction
shares                 to the triggering
                       transaction
if possible using      Number          Number          Number          Number of voting            % of voting rights x
the ISIN CODE          of              of              of shares       rights
                       Shares          Voting
                                                       Direct          Direct xi    Indirect xii   Direct         Indirect
                                       Rights
IM00B23XCH02
                       28,781,861                      32,988,004                                  10.897%


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction
Type of financial             Expiration       Exercise/                  Number of voting                 % of voting
instrument                    date xiii        Conversion Period xiv      rights that may be               rights
                                                                          acquired if the
                                                                          instrument is
                                                                          exercised/ converted.
N/A                           N/A              N/A                        N/A                              N/A


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction
Type of financial       Exercise      Expiration     Exercise/       Number of voting rights          % of voting rights xix,
instrument              price         date xvii      Conversion      instrument refers to             xx

                                                     period xviii
                                                                                                      Nominal       Delta
N/A                     N/A           N/A            N/A             N/A
                                                                                                      N/A           N/A


Total (A+B+C)

Number of voting rights                                         Percentage of voting rights

32,988,004                                                      10.897%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi

N/A

Proxy Voting:
10. Name of the proxy holder:                                                      N/A
11. Number of voting rights proxy holder will cease
                                                                                   N/A
to hold:
12. Date on which proxy holder will cease to hold
                                                              N/A
voting rights:

13. Additional information:                                   N/A
14. Contact name:                                             DE VILLIERS MAKONKO
15. Contact telephone number:                                 +27 12 742 3578

5 April 2016

For further information please contact:

New Europe Property Investments plc
Mirela Covasa                                       +40 21 232 1398

AIM Nominated Adviser and Broker
Smith & Williamson Corporate Finance Limited
Azhic Basirov/Katy Birkin                           +44 20 7131 4000

JSE sponsor
Java Capital                                        +27 11 722 3050

BVB advisor
SSIF Intercapital Invest SA
Razvan Pasol                                        +40 21 222 8731

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