NEWS RELEASE

Japan Residential Inv. Co. Ltd

22 August 2008

Japan Residential Investment Company Limited ("the Company")

INTERIM FINANCIAL REPORT PUBLISHED


The Company announces that its interim financial report for the six months ended 31 May 2008 has been published and copies have been posted to shareholders. The report is also available on the Company's website, http://www.jricl.com/.


Enquiries:

K.K. Halifax Asset Management

Fairfax I.S. PLC

Smith & Williamson Corporate Finance Limited

Alec Menikoff

John Korwin-Szymanowski

AzhicBasirov

+81 (0) 3 5408 8784

+44 (0)20 7460 4376

+44 (0)20 7131 4000


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