Update on Investments 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 ON INVESTMENTS Acquisition of an interest in the Mega Mall development in Bucharest Shareholders are advised that NEPI has concluded, via its subsidiaries NE Property Cooperatief U.A. and NEPIOM Limited, a framework agreement with Real Holding Lithium Kft., a Hungarian company, and Real4You Holding GmbH, its Austrian holding company (“Real4You”). In terms of the framework agreement, the parties are obliged to perform various actions and conclude various separate agreements to implement the acquisition by the NEPI group of a 70% interest in ELJ VATRA SRL, a limited liability company duly incorporated and organised under the laws of Romania (“ELJ”). The framework agreement is subject to various conditions precedent to be fulfilled or waived by the end of August 2013 and includes the right for NEPI to perform its payment obligations fully or partially by means of a vendor consideration placement. Real4You is an Austrian property developer and investor with property interest in various central European countries. ELJ is the owner of a permitted development site called Mega Mall, in Bucharest, Romania. The site, which is the location of the former ElectroAparataj factory consists of 5.1 hectares, has good visibility and access to public transport and is located in a very densely populated part of Eastern Bucharest in close proximity to the Romanian national football stadium. The building permit allows for the development of a shopping centre of up to 70 000 square metres of GLA and it is the intention of the parties to the framework agreement to develop a dominant shopping centre on this site and open it by mid 2015. Tenant commitments of approximately 30% of the planned GLA have already been received. Other highlights NEPI has also concluded and/or committed to a number of other acquisitions in the past few days, following the successful closure of the recent approximately EUR100 million rights issue in July 2013. None of the transactions mentioned within this announcement are individually categorisable in terms of the Listings Requirements of the JSE Limited. However, NEPI intends to present further details of these acquisitions, including the pro forma financial effects thereof, shortly after the issue of its 30 June 2013 interim results, scheduled for release on 6 August 2013. 2 August 2013 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: 02/08/2013 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.