Update in respect of the interim distribution for the six months ended 30 June 2014 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 INTERIM DISTRIBUTION FOR THE SIX MONTHS ENDED 30 JUNE 2014 NEPI shareholders are referred to the interim distribution declaration announced on 8 September 2014 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 ofEUR1.00 : ZAR14.16. Accordingly, the cash dividend of 14.87 Euro cents per share will be equal to 210.559 ZAR cents per share. Shareholders who elect to receive new NEPI shares (“new NEPI shares”) instead of the cash dividend will be entitled to 2.368 new NEPI shares for every 100 NEPI shares held by the shareholder at the record date, being Friday, 3 October 2014. 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 210.559 ZAR cents per share for shareholders exempt from paying South African dividends tax. The net local divided amount is 178.97515 ZAR cents per share for shareholders liable to pay the dividends 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 dividends 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 AzhicBasirov +44 20 7131 4000 JSE sponsor Java Capital +27 11 283 0042 Romanian advisor SSIF Intercapital Invest SA RazvanPasol +40 21 222 8731 18 September 2014 Date: 18/09/2014 03:45:00 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.