NEP - NEPI - Change to Quarterly Reporting

NEP - NEPI - Change to Quarterly Reporting                                      
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                                                            
BVB share code: NEP                                                             
JSE share code: NEP                                                             
ISIN:   IM00B23XCH02                                                            
("NEPI" or "the Company")                                                       
CHANGE TO QUARTERLY REPORTING                                                   
Shareholders are advised that as a result of NEPI listing on the Bucharest Stock
Exchange ("BVB"), the Company is required to publish quarterly results in       
accordance with the rules of the BVB.                                           
Accordingly, NEPI`s first quarterly report will be published in respect of the  
quarter ending 30 September 2011. This report will be published on or before 11 
November 2011.                                                                  
3 October 2011                                                                  
Nominated Adviser and Broker:                      +44 20 7131 4000             
Smith & Williamson Corporate Finance Limited                                    
Azhic Basirov/David Jones                                                       
South African Sponsor:                             +27 11 283 0089              
Java Capital                                                                    
Romanian Advisor:                                  +40 21 222 8731              
Intercapital Invest SA                                                          
Razvan Pasol                                                                    
Date: 03/10/2011 08:00:09 Supplied by www.sharenet.co.za                     
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