Covid-19 update NEPI Rockcastle plc Incorporated and registered in the Isle of Man Registered number 014178V Share code: NRP ISIN: IM00BDD7WV31 (“NEPI Rockcastle” or “the Company”) COVID-19 UPDATE Subsequent to NEPI Rockcastle’s updates concerning the impact of the COVID-19 on its operations, dated 17 March 2020 and 23 March 2020, there have been significant developments around the COVID-19 situation. As governments, national authorities and companies continue to implement rigorous measures, there is a high degree of uncertainty about the impact of this on the Group’s operations. As a result, NEPI Rockcastle withdraws its earnings guidance for 2020 and expects to provide an update when the Group will be in a position to estimate the effects of the current situation reliably. NEPI Rockcastle is committed to maintaining its conservative gearing level and a robust liquidity. At this stage, NEPI Rockcastle is actively implementing various measures focused on achieving the most suitable allocation of capital, including: - reducing non-critical operating expenses; - deferring non-committed development projects and non-essential capital expenditure; and - utilising any relevant facilities provided by national authorities to assist companies in the current context. The Group continues to assess the situation and will provide further updates when appropriate. For further information please contact: NEPI Rockcastle plc Alex Morar + 40 21 232 1398 JSE sponsor Java Capital +27 11 722 3050 Euronext Listing Agent ING Bank +31 20 563 6855 Media Relations Brunswick Group +44 20 7404 5959 +27 11 502 7300 nepirockcastle@brunswick.com 1 April 2020 Date: 01-04-2020 01:15:00 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.