NEW EUROPE PROPERTY INVESTMENTS PLC - Update in respect of the distribution for the six months ended 30 June 2015

Update in respect of the distribution for the six months ended 30 June 2015

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 2015


NEPI shareholders are referred to the interim distribution declaration announced on 28 August 2015 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 : ZAR15.18350. Accordingly, the cash dividend of 18.17 Euro cents per
share will be equal to 275.88420 ZAR cents per share.

Shareholders who elect to receive new NEPI shares (“new NEPI shares”) instead of the cash dividend will be entitled
to 1.92 new NEPI shares for every 100 NEPI shares held by the shareholder at the record date, being Friday,
18 September 2015.

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 275.88420 ZAR cents per share for shareholders
exempt from paying South African dividends tax. The net local divided amount is 234.50157 ZAR cents per share for
shareholders liable to pay the dividends tax rate of 15%. There is no withholding tax payable in the Isle of Man.

For further information please contact:

New Europe Property Investments plc
Alexandru Morar                                                        +40 21 232 13 98

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

JSE sponsor
Java Capital                                                           +27 11 722 3050

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

4 September 2015

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