NEW EUROPE PROPERTY INVESTMENTS PLC - Update on the acquisition of an interest in the Mega Mall development in Bucharest

Update on the acquisition of an interest in the Mega Mall development in Bucharest

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” or “the group”)

UPDATE ON THE ACQUISITION OF AN INTEREST IN THE MEGA MALL DEVELOPMENT
IN BUCHAREST


As announced on 2 August 2012 and in the company’s half-yearly report for the six months ended 30 June
2013, the group concluded a framework agreement to acquire a 70% interest in a permitted development site
named Mega Mall (otherwise known as the former Electroaparataj factory site) in Bucharest, Romania,
where NEPI intends to develop a 70,000m2 GLA shopping mall in conjunction with Austrian development
group, Real4You. The agreement was subject to various conditions precedent to be fulfilled or waived by
the end of August 2013. NEPI is pleased to announce that all of the conditions precedent have been fulfilled
and the acquisition has been completed.


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

29 August 2013

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