Directorate change 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 “the Company”) DIRECTORATE CHANGE Tiberiu Smaranda intends to resign from his position of Executive Director as of 1 September 2016, having decided to pursue other business opportunities. Tiberiu will remain involved in the business during the following period, to ensure a smooth transition and effective succession arrangements. The directors are considering candidates for executive roles on the Board of the Company. Appointments will be made in due course and shareholders will be advised accordingly. The Board of Directors is grateful for Tiberiu’s contribution to the Company’s development and success and wishes him well in his future endeavours. 10 June 2016 For further information please contact: New Europe Property Investments plc Alex Morar +40 21 232 1398 AIM Nominated Adviser and Broker Smith & Williamson Corporate Finance Limited Azhic Basirov/Katy Birkin +44 20 7131 4000 JSE sponsor Java Capital +27 11 722 3050 BVB advisor SSIF Intercapital Invest SA Razvan Pasol +40 21 222 8731 Date: 10/06/2016 04:00:00 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.