Dealings in securities by a director and by associates of directors of NEPI 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) JSE share code: NEP BVB share code: NEP ISIN: IM00B23XCH02 (“NEPI” or “the Company”) DEALINGS IN SECURITIES BY A DIRECTOR AND BY ASSOCIATES OF DIRECTORS OF NEPI Shareholders are advised of the following information relating to dealings in securities by a director and by associates of directors of the Company under the JSE Listings Requirements, the rules of the Romanian Financial Supervisory Authority (“RFSA”), the Rule Book of the Bucharest Stock Exchange (“BVB”) and the Market Abuse Regulation (“MAR”) in Europe, pursuant to the distribution election in respect of the second half of 2016 in accordance with the circular issued to shareholders on 13 March 2017. Name of associate / person closely associated: CEMZ Holdings Limited Name of director / person discharging managerial Alexandru Morar, who has an indirect beneficial interest in CEMZ responsibilities and relationship to director/ person Holdings Limited discharging managerial responsibilities and reason for the notification: Initial notification/amendment according to MAR: Initial notification Transaction date: 10 April 2017 Class of securities/description and type of the financial Ordinary shares of EUR0.01 each instrument: Number of securities/volume: 5 993 Price per security*: ZAR134.79008 Total value: ZAR807 796.95 Aggregated information: N/A single transaction Nature of transaction: Off-market receipt of shares in terms of an election to receive either a cash dividend or return of capital by way of an issue of new shares Place of the transaction: Outside of a trading venue Nature and extent of director’s interest: Indirect beneficial Name of associate / person closely associated: The Nano Trust Name of director / person discharging managerial Andries de Lange, who is a trustee and beneficiary of The Nano Trust responsibilities and relationship to director/ person discharging managerial responsibilities and reason for the notification: Initial notification/amendment according to MAR: Initial notification Transaction date: 10 April 2017 Class of securities/description and type of the financial Ordinary shares of EUR0.01 each instrument: Number of securities/volume: 25 560 Price per security*: ZAR134.79008 Total value: ZAR3 445 234.45 Aggregated information: N/A single transaction Nature of transaction: Off-market receipt of shares in terms of an election to receive either a cash dividend or return of capital by way of an issue of new shares Place of the transaction: Outside of a trading venue Nature and extent of director’s interest: Indirect beneficial Name of associate / person closely associated: Ruan de Lange Name of director / person discharging managerial Andries de Lange responsibilities: Relationship to director and reason for the notification: Ruan de Lange is the son of Andries de Lange Initial notification/amendment according to MAR: Initial notification Transaction date: 10 April 2017 Class of securities/description and type of the financial Ordinary shares of EUR0.01 each instrument: Number of securities/volume: 156 Price per security*: ZAR134.79008 Total value: ZAR21 027.25 Aggregated information: N/A single transaction Nature of transaction: Off-market receipt of shares in terms of an election to receive either a cash dividend or return of capital by way of an issue of new shares Place of the transaction: Outside of a trading venue Nature and extent of director’s interest: Not applicable Name of associate / person closely associated: Ruben de Lange Name of director / person discharging managerial Andries de Lange responsibilities: Relationship to director and reason for the notification: Ruben de Lange is the son of Andries de Lange Transaction date: 10 April 2017 Initial notification/amendment according to MAR: Initial notification Class of securities/description and type of the financial Ordinary shares of EUR0.01 each instrument: Number of securities/volume: 383 Price per security*: ZAR134.79008 Total value: ZAR51 624.60 Aggregated information: N/A single transaction Nature of transaction: Off-market receipt of shares in terms of an election to receive either a cash dividend or return of capital by way of an issue of new shares Place of the transaction: Outside of a trading venue Nature and extent of director’s interest: Not applicable Name of associate / person closely associated: Sone de Lange Name of director / person discharging managerial Andries de Lange responsibilities: Relationship to director and reason for the notification: Sone de Lange is the wife of Andries de Lange Initial notification/amendment according to MAR: Initial notification Transaction date: 10 April 2017 Class of securities/description and type of the financial Ordinary shares of EUR0.01 each instrument: Number of securities/volume: 533 Price per security*: ZAR134.79008 Total value: ZAR71 843.11 Aggregated information: N/A single transaction Nature of transaction: Off-market receipt of shares in terms of an election to receive either a cash dividend or return of capital by way of an issue of new shares Place of the transaction: Outside of a trading venue Nature and extent of director’s interest: Not applicable Name of associate / person closely associated: Optimprop 3 Proprietary Limited Name of director / person discharging managerial Des de Beer, who is a trustee and beneficiary of The Suni Trust, responsibilities and relationship to director/ person which owns 50% of Optimprops 3 Proprietary Limited discharging managerial responsibilities and reason for the notification: Initial notification/amendment according to MAR: Initial notification Transaction date: 10 April 2017 Class of securities/description and type of the financial Ordinary shares of EUR0.01 each instrument: Number of securities/volume: 62 280 Price per security*: ZAR134.79008 Total value: ZAR8 394 726.18 Aggregated information: N/A single transaction Nature of transaction: Off-market receipt of shares in terms of an election to receive either a cash dividend or return of capital by way of an issue of new shares Place of the transaction: Outside of a trading venue Nature and extent of director’s interest: Indirect beneficial Name of associate / person closely associated: Hollyrood Investments Proprietary Limited Name of director / person discharging managerial Des de Beer who owns 100% of Hollyrood Investments Proprietary responsibilities and relationship to director/ person Limited discharging managerial responsibilities and reason for the notification: Initial notification/amendment according to MAR: Initial notification Transaction date: 10 April 2017 Class of securities/description and type of the financial Ordinary shares of EUR0.01 each instrument: Number of securities/volume: 102 042 Price per security*: ZAR134.79008 Total value: ZAR13 754 249.34 Aggregated information: N/A single transaction Nature of transaction: Off-market receipt of shares in terms of an election to receive either a cash dividend or return of capital by way of an issue of new shares Place of the transaction: Outside of a trading venue Nature and extent of director’s interest: Indirect beneficial Name of director / person discharging managerial Jeff Zidel responsibilities Initial notification/amendment according to MAR: Initial notification Transaction date: 10 April 2017 Class of securities/description and type of the financial Ordinary shares of EUR0.01 each instrument: Number of securities/volume: 6 588 Price per security*: ZAR134.79008 Total value: ZAR887 997.05 Aggregated information: N/A single transaction Nature of transaction: Off-market receipt of shares in terms of an election to receive either a cash dividend or return of capital by way of an issue of new shares Place of the transaction: Outside of a trading venue Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of associate / person closely associated: Maxtrade Seven Proprietary Limited Name of director / person discharging managerial Jeff Zidel, who owns 100% of Maxtrade Seven Proprietary Limited responsibilities and relationship to director/ person discharging managerial responsibilities and reason for the notification: Initial notification/amendment according to MAR: Initial notification Transaction date: 10 April 2017 Class of securities/description and type of the financial Ordinary shares of EUR0.01 each instrument: Number of securities/volume: 29 853 Price per security*: ZAR134.79008 Total value: ZAR4 023 888.26 Aggregated information: N/A single transaction Nature of transaction: Off-market receipt of shares in terms of an election to receive either a cash dividend or return of capital by way of an issue of new shares Place of the transaction: Outside of a trading venue Nature and extent of director’s interest: Indirect beneficial * This is the implied price in terms of the election and for Rand purposes assumes an exchange rate of EUR 1.00: ZAR 16.0952. Following the transactions stated in this announcement, the holdings of the above mentioned directors are summarized below: Percentage of issued Director Direct holding Indirect holding Total shares held shares (%) Alexandru Morar - 777 595 777 595 0.23 Andries de Lange 10 000 1 232 166 1 242 166 0.37 Des de Beer - 6 161 903 6 161 903 1.84 Jeff Zidel 304 789 1 381 196 1 685 985 0.50 TOTAL 314 789 9 552 860 9 867 649 2.94 11 April 2017 For further information please contact: New Europe Property Investments plc Mirela Covasa +40 21 232 1398 JSE sponsor Java Capital +27 11 722 3050 BVB advisor SSIF Intercapital Invest SA Razvan Pasol +40 21 222 8731 Date: 11/04/2017 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. 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