NEW EUROPE PROPERTY INVESTMENTS PLC - Hedging of rights offer proceeds

Hedging of rights offer proceeds

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”)

HEDGING OF RIGHTS OFFER PROCEEDS

Shareholders are referred to the announcement released on the Stock Exchange News Service of the JSE, the
Regulatory News Service of the London Stock Exchange and the Bucharest Stock Exchange on 5 October
2012 in relation to the rights offer by NEPI (“the rights offer”) under the terms of which NEPI shareholders
will be offered a total of 12 345 680 new NEPI shares (“new NEPI shares” or “rights offer shares”) in the
ratio of 9.37648 new NEPI shares for every 100 ordinary shares held by them on Friday, 26 October 2012
for shareholders on either the South African share register or the UK share register, or on Monday,
22 October 2012 for shareholders registered in Romania.

Shareholders are advised that NEPI has hedged the EUR:ZAR exchange rate at a forward rate of
€1.00:R10.866 in respect of the proceeds from the rights offer which the company expects to receive from
South Africa.

This has no impact on the subscription price for rights offer shares as previously announced.

8 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

Corporate advisor, legal advisor as to South African law and JSE sponsor     +27 11 283 0042
Java Capital

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

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