Voluntary trading update regarding year end distributable earnings per share and guidance provided NEPI Rockcastle plc Incorporated and registered in the Isle of Man Registered number 014178V JSE share code: NRP Euronext share code: NRP ISIN: IM00BDD7WV31 (“NEPI Rockcastle” or “the company”) VOLUNTARY TRADING UPDATE REGARDING YEAR END DISTRIBUTABLE EARNINGS PER SHARE AND GUIDANCE PROVIDED As announced on 22 August 2017, NEPI Rockcastle confirms that distributable earnings per share for the year ended 31 December 2017 are expected to be approximately 17% higher than the 2016 pro-forma distribution of 41.21 euro cents per share published in the NEPI Rockcastle prospectus dated 9 June 2017, in line with guidance previously announced. The Loan-to-Value ratio is currently below the company’s targeted level of 35%. This forecast has not been audited or reviewed by NEPI Rockcastle’s auditors and is the responsibility of the Board. The company’s results for the year ended 31 December 2017 will be published on or about 20 February 2018. For further information please contact: NEPI Rockcastle plc Mirela Covasa +40 721 371 100 Spiro Noussis +44 208 546 0133 JSE sponsor Java Capital +27 11 722 3050 Euronext Listing Agent ING Bank +31 20 576 7261 11 January 2018 Date: 11/01/2018 05:00:00 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.