Rights offer finalisation announcement 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”) RIGHTS OFFER FINALISATION ANNOUNCEMENT 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 (“the BVB”) 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 NEPI shares held by them on Friday, 26 October 2012 for shareholders on either the South African share register or the UK share register, at a subscription price per rights offer share of R43.50 for shareholders on the South African share register and €4.05 for shareholders on the UK share register. Shareholders registered in Romania on Monday, 22 October 2012 will have the right to trade their pre-emptive rights on BVB, being 9.37648 rights for every 100 shares owned at that date, and the holders of pre-emptive rights registered in Romania on Wednesday, 7 November 2012 will have the right to subscribe for new NEPI shares at a subscription price per rights offer share of €4.05. Shareholders are advised that the rights offer circular has been approved by the JSE, and notified to the Romanian National Securities Commission and that all regulatory approvals have been obtained from the BVB and accordingly the rights offer may now be implemented. The salient dates and times of the rights offer will be the same as those published in the announcement released on Friday, 5 October 2012 and published in the press in South Africa on Monday, 8 October 2012, save that shareholders who hold shares on the SA share register are advised that the maximum number of rights offer shares will be listed and commence trading on the JSE on Tuesday, 13 November 2012 and not Monday 12 November 2012 as previously indicated. Accordingly, shareholders on the SA share register may not commence trading in the rights offer shares until Tuesday, 13 November 2012. 12 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 Date: 12/10/2012 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.