NEW EUROPE PROPERTY INVESTMENTS PLC - Update in respect of the distribution for the six months ended 30 June 2013

Update in respect of the distribution for the six months ended 30 June 2013

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 IN RESPECT OF THE DISTRIBUTION FOR THE SIX MONTHS ENDED 30 JUNE 2013

NEPI shareholders are referred to the distribution declaration announced on 28 August 2013 and are advised that
shareholders on the South African share register will receive their cash dividend in South African Rand converted
from Euro at an exchange rate of EUR1.00 : ZAR13.36. Accordingly, the cash dividend of 12.93 Euro cents per share
will be equal to 172.74480 ZAR cents per share.

Shareholders who elect to receive new NEPI shares (“new NEPI shares”) instead of the cash dividend will be entitled
to 2.694 new NEPI shares for every 100 NEPI shares held by the shareholder at the record date, being Friday,
20 September 2013.

Dividend tax and therefore the information provided in this paragraph is only of direct application to shareholders
on the South African share register. The gross local dividend amount is 172.74480 ZAR cents per share for shareholders
exempt from paying South African dividends tax. The net local divided amount is 146.83308 ZAR cents per share for
shareholders liable to pay the dividend tax rate of 15%. As the company is not a South African registered company,
it does not have any STC credits available for set-off against the dividend tax liability and there is no withholding
tax payable in the Isle of Man.

For further information please contact:

New Europe Property Investments plc
Martin Slabbert                                                              +40 74 432 8882

Nominated Adviser and Broker
Smith & Williamson Corporate Finance Limited
Azhic Basirov/Siobhan Sergeant                                               +44 20 7131 4000

JSE sponsor
Java Capital                                                                 +27 11 283 0042

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

6 September 2013

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