Dealing in securities - notification of major interest in shares 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”) DEALING IN SECURITIES - NOTIFICATION OF MAJOR INTEREST IN SHARES For purposes of compliance with the rules of the Romanian Financial Supervisory Authority and the AIM Market, NEPI has been notified with the following information relating to dealings in its securities. 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights NEW EUROPE PROPERTY INVESTMENTS PLC are attached: ii 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights X An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights Other (please specify): 3. Full name of person(s) subject to the PUBLIC INVESTMENT CORPORATION LIMITED notification obligation: iii 4. Full name of shareholder(s) iv N/A (if different from 3.): 5. Date of the transaction and date on which 21 MAY 2014 the threshold is crossed or reached: v 6. Date on which issuer notified: 21 MAY 2014 7. Threshold(s) that is/are crossed or 5% - 6% reached: vi, vii 8. Notified details: A: Voting rights attached to shares viii, ix Class/type of Situation previous shares to the triggering Resulting situation after the triggering transaction transaction if possible using Number Number Number Number of voting x % of voting rights the ISIN CODE of of of shares rights Shares Voting xi xii Direct Direct Indirect Direct Indirect Rights AIM share code: NEPI BVB share code: NEP 13,232,959 14,000,003 6.277% JSE share code: NEP B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of voting xiii instrument date Conversion rights that may be rights xiv Period acquired if the instrument is exercised/ converted. NONE N/A N/A N/A N/A C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi Resulting situation after the triggering transaction xix, xx Type of Exercise Expiration Exercise/ Number of voting % of voting rights xvii financial price date Conversion rights instrument xviii instrument period refers to Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 6.277% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi N/A Proxy Voting: 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will N/A cease to hold: 12. Date on which proxy holder will cease to N/A hold voting rights: 13. Additional information: N/A 14. Contact name: DEVILLIERS MAKONKO 15. Contact telephone number: 012 742 3578 23 May 2014 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 Date: 23/05/2014 10:00:00 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.