New Europe Property Investments : Compliance with the BVB Corporate Governance Code

652ea5cc-ebcb-4cb7-a717-e207868050d1.pdf 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 JSE share code: NEP BVB share code: NEP ISIN: IM00B23XCH02

("NEPI" or "the Company")

COMPLIANCE WITH THE BVB CORPORATE GOVERNANCE CODE

As required by the Bucharest Stock Exchange ("BVB"), NEPI having its registered office on 2nd Floor, Anglo International House, Lord Street, Douglas, Isle of Man, IM1 4LN, with registered number 001211V, listed on the Main Board of the Johannesburg Stock Exchange Limited ("JSE"), the regulated market of the BVB and the AIM Market of the London Stock Exchange ("AIM"), advises its shareholders that the Board recognises the importance of sound corporate governance and endorses and monitors compliance with the King III Report on Corporate Governance in South Africa, the Quoted Companies Alliance Corporate Governance Guidelines for Smaller Quoted Companies in the UK and the BVB Corporate Governance Code. The Company is compliant with the provisions of BVB Corporate Governance Code in its material respects. More information on NEPI's compliance with corporate governance can be found in the Group's annual report, available on the Company's website, www.nepinvest.com.

27 January 2016

For further information please contact: New Europe Property Investments plc

Mirela Covasa [phone]

Nominated Adviser and Broker

Smith & Williamson Corporate Finance Limited

Azhic Basirov/Katy Birkin [phone]

JSE sponsor

Java Capital [phone]

Romanian advisor

SSIF Intercapital Invest SA

Razvan Pasol [phone]