NEP - New Europe Property Investments plc - Amendment to condensed

NEP - New Europe Property Investments plc - Amendment to condensed              
consolidated audited financial statements for the year ended 31 December        
2011                                                                            
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                                                            
BVB share code: NEP                                                             
JSE share code: NEP                                                             
ISIN:   IM00B23XCH02                                                            
("NEPI" or the "Company")                                                       
AMENDMENT TO CONDENSED CONSOLIDATED AUDITED FINANCIAL STATEMENTS FOR THE        
YEAR ENDED 31 DECEMBER 2011                                                     
The condensed consolidated audited financial statements for the year ended      
31 December 2011 (the "Announcement") was released on the Stock Exchange        
News Service ("SENS") of the JSE, the Regulatory News Service ("RNS") of the    
London Stock Exchange and the BVB on Wednesday, 8 February 2012.                
NEPI advises shareholders that in the version of the Announcement released      
on SENS the figure presented as "Trade and other payables" in the               
Consolidated Statement of Financial Position as at 31 December 2011 should      
read Euro5 251 265.                                                             
The version of the Announcement released on RNS and the BVB included this       
amendment.                                                                      
The financial statements are also available on Company`s website:               
www.nepinvest.com.                                                              
09 February 2012                                                                
For further information please contact:                                         
New Europe Property Investments plc               +40 74 432 8882               
Martin Slabbert                                                                 
Nominated Adviser and Broker                      +44 20 7131 4000              
Smith & Williamson Corporate Finance Limited                                    
Azhic Basirov/Siobhan Sergeant                                                  
JSE sponsor                                       +27 11 283 0042               
Java Capital                                                                    
Romanian advisor                                  +40 21 222 8731               
SSIF Intercapital Invest SA                                                     
Razvan Pasol                                                                    
Date: 09/02/2012 09:00:02 Supplied by www.sharenet.co.za                     
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