Standard & Poor's rating services assigns NEPI a 'BBB-' preliminary long-term corporate credit rating 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”) STANDARD & POOR’S RATING SERVICES ASSIGNS NEPI A ‘BBB-‘ PRELIMINARY LONG-TERM CORPORATE CREDIT RATING Standard & Poor’s Rating Services (“S&P”) has assigned NEPI a first-time 'BBB-' preliminary long-term corporate credit rating, with a stable outlook. This rating is based on the Company’s strong track record and continuing performance, and it enables NEPI to consider issuing unsecured bonds at group level in order to optimise its funding sources. The report issued by S&P is available on the Company’s website. This announcement is for information purposes only. 12 October 2015 For further information please contact: New Europe Property Investments plc Mirela Covasa +40 21 232 13 98 JSE Sponsor Java Capital +27 11 722 3050 Nominated Adviser and Broker Smith & Williamson Corporate Finance Limited Azhic Basirov +44 20 7131 4000 Romanian advisor SSIF Intercapital Invest SA Razvan Pasol +40 21 222 8731 Date: 12/10/2015 05:30:00 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.