NEP - New Europe Property Investments plc - Change to the board of directors

NEP - New Europe Property Investments plc - Change to the board of directors    
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                                                             
ISIN Code:   IM00B23XCH02                                                       
("NEPI" or "the Company")                                                       
CHANGE TO THE BOARD OF DIRECTORS                                                
New Europe Property Investments plc, the Central and Eastern European property  
investment company which has a listing on the Main Board of the JSE Limited and 
a listing on the AIM market of the London Stock Exchange, announces that Mr     
Steven Van Den Bossche has resigned from his position as independent non-       
executive director to the board of NEPI, with immediate effect.                 
8 September 2010                                                                
For further information please contact:                                         
New Europe Property Investments plc                +40 74 432 8882              
Martin Slabbert                                                                 
Smith & Williamson Corporate Finance Limited       +44 20 7131 4000             
Azhic Basirov / Charles Combe                                                   
South African sponsor                              +27 11 283 0042              
Java Capital                                                                    
Date: 08/09/2010 16:30:01 Supplied by www.sharenet.co.za                     
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