Two new Directors Appointed 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”) TWO NEW DIRECTORS APPOINTED NEPI announces that Alexandru Morar and Tiberiu Smaranda are to join the board of directors of the Company (the “Board”) as executive directors with immediate effect. Alexandru Morar has been with the Company since 2007 and is currently focused on the investments and acquisitions programme at NEPI and oversees some of the asset management functions. Mr Morar graduated with a major in finance from New York University’s Stern School of Business and spent two years with the Financial Advisory practice of Deloitte Romania prior to joining NEPI. Tiberiu Smaranda joined NEPI in 2009 as leasing manager and is now responsible for the retail developments while playing a significant role in retail asset management, as he maintains the Company’s relations with its key retail tenants. Mr Smaranda graduated with a degree in management and marketing and started his career at the Flamingo Group (Flanco), one of the leading white goods retailers in Romania, where he has been involved in retail management, development and expansion for almost 8 years. Mr Smaranda was also responsible for the expansion of Flamingo in Moldova, Bulgaria, Serbia, Croatia, Macedonia and Hungary. Disclosures under Schedule 2(g) of AIM Rules for Mr Morar are as follows: Full name and age: Alexandru Morar, age 30 Past Directorships within the last five Current Directorships years Brasov Shopping City S.R.L MPM Land Management S.R.L Braila Promenada Mall S.R.L Nepi Five Office Tower S.R.L Lakeview Office Building S.A. (former name: BVB Real Estate S.A.) Nepi Four Tower Building S.R.L Cluj Business Centre S.R.L Ploiesti Commercial Gallery S.R.L Retail Park Pitesti S.R.L. (former name: Connect Investment S.R.L.) Distinct Services S.R.L Floreasca Business Park S.R.L Galaxis Project S.R.L General Building Management S.R.L General Investment S.R.L Nepi Bucharest One S.R.L Nepi Bucharest Two S.R.L Nepi Three Building Management S.R.L Nepi Four Real Estate Solutions S.R.L Nepi Five Property Development S.R.L Nepi Seven Business Management S.R.L Nepi Eight Development & Management S.R.L Nepi Nine Investment Development S.R.L Nepi Ten Development Solutions S.R.L Nepi Eleven Real Estate Development S.R.L Severin Shopping Center S.R.L. (former name: Nepi Twelve Property Solutions S.R.L.) Otopeni Warehouse and Logistics S.R.L Ploiesti Shopping City S.R.L Targu Jiu Development S.R.L Timisoara City Business Centre One S.A Timisoara Office Building S.A Victoriei Office Building S.R.L Zircon Properties S.R.L Saen Grup Power S.R.L New Europe Property (BVI) Limited Rockcastle Global Real Estate Company Limited Zilina Shopping City SRO; Aupark Zilina SRO; Aupark Zilina AS; There are further no disclosures to be made pursuant to Schedule 2 paragraph (g) of AIM Rules in respect of Mr Morar. Disclosures under Schedule 2(g) of AIM Rules for Mr Smaranda are as follows: Full name and age: Tiberiu Smaranda, age 31 Current Directorships Past Directorships within the last five years Braila Promenada Mall SRL Tib Pro Consult Brasov Shopping City SRL Flamingo International Lakeview Office Building S.A. (former name: BVB Real Estate ICS Flamingo Computers (Moldova) S.A.) Flamingo Digital Shop (Serbia) Floreasca Business Park SRL Flamingo Computers (Serbia) General Building Management SRL Flamingo Digital Shop (Bulgaria) General Investment SRL Nepi Bucharest One SRL Nepi Bucharest Two SRL Nepi Three Building Management SRL Nepi Four Real Estate Solutions SRL Nepi Five Property Development SRL Nepi Six Development SRL Nepi Seven Business Management SRL Nepi Eight Development & Management SRL Nepi Nine Investment Development SRL Nepi Ten Development Solutions SRL Nepi Eleven Real Estate Development SRL Otopeni Warehouse and Logistics SRL Retail Park Pitesti S.R.L. (former name: Connect Investment S.R.L.) Severin Shopping Center S.R.L. (former name: Nepi Twelve Property Solutions S.R.L.) Targu Jiu Development SRL Timisoara City Business Centre One SA Timisoara Office Building SA Victoriei Office Building SRL ELJ Vatra SRL Eat Business Management SRL Zilina Shopping City SRO Aupark Zilina SRO Aupark Zilina AS There are further no disclosures to be made pursuant to Schedule 2 paragraph (g) of AIM Rules in respect of Mr Smaranda. 25 September 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: 25/09/2013 10:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 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