NEW EUROPE PROPERTY INVESTMENTS PLC - Update in respect of the dividend for the six months ended 30 June 2012

Update in respect of the dividend for the six months ended 30 June 2012

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 company”)

UPDATE IN RESPECT OF THE DIVIDEND
FOR THE SIX MONTHS ENDED 30 JUNE 2012

Shareholders are referred to the dividend declaration announced on 24 August 2012 and are advised that shareholders
on the South African share register will receive their cash dividend in South African Rand converted from Euro at an
exchange rate of EUR1.00 : ZAR10.62. Accordingly, the cash dividend of 11.24 Euro cents per share will be equal to
119.36880 ZAR cents per share.

Shareholders who elect to receive new NEPI shares (“new NEPI shares”) instead of the cash dividend will be entitled
to 3 new NEPI shares for every 100 NEPI shares held by the shareholder at the record date, being Friday,
14 September 2012.

In terms of the Listings Requirements of the JSE Limited regarding the new Dividends Tax effective 1 April 2012, the
following additional information is disclosed:

1.    The gross local dividend amount is 119.36880 ZAR cents per share for shareholders exempt from paying the
      new Dividends Tax.
2.    The net local dividend amount is 101.46348 ZAR cents per share for shareholders liable to pay the new
      Dividends Tax.

Shareholder are further advised that note 4 contained in the salient dates and times section of the circular to NEPI
shareholders and note 3 in the dividend declaration announcement, both issued on Friday, 24 August 2012 should read
as follows:

“Share certificates may not be dematerialised or rematerialised, nor may transfers of shares between sub-registers in
the United Kingdom, South Africa and Romania take place between Monday, 10 September 2012 and Friday,
21 September 2012 both days inclusive.”

31 August 2012


For further information please contact:

New Europe Property Investments plc                              +40 74 432 8882
Martin Slabbert
Nominated Adviser and Broker                                     +44 20 7131 4000
Smith & Williamson Corporate Finance Limited
Azhic Basirov/Siobhan Sergeant
JSE sponsor                                                      +27 11 283 0042
Java Capital
Romanian advisor                                                 +40 21 222 8731
SSIF Intercapital Invest SA
Razvan Pasol

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