Issue of equity and total voting rights 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”) ISSUE OF EQUITY AND TOTAL VOTING RIGHTS NEPI advises that it has placed a total of 2 980 061 new ordinary shares in the Company (“New Shares”) with shareholders registered on the South African register at a price of R43.50 per share pursuant to a placement for cash, raising gross proceeds of R129.6 million (the “Private Placement”). At this level, the Private Placement was heavily oversubscribed. The issue price of R43.50 represents a 2% discount to the 30 business day volume weighted average traded price prior to the date that the Private Placement was agreed between NEPI and the parties subscribing for the New Shares. The proceeds of the Private Placement will be used to fund developments and acquisitions of further operating assets. Application has been made for the New Shares issued under the Private Placement to be admitted to trading on the JSE Limited, the AIM Market of the London Stock Exchange and the Bucharest Stock Exchange (“BVB”) which is expected to take place on Wednesday, 3 October 2012 (“Admission”). TOTAL VOTING RIGHTS Following Admission, the total issued share capital of the Company will increase to 131 666 472 Ordinary Shares with voting rights. Therefore, the total number of voting rights in NEPI will be 131 666 472 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, NEPI under the UK Financial Services Authority's Disclosure and Transparency Rules. 1 October 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 Date: 01/10/2012 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.