Notice of Annual General Meeting, 13:30 21-Apr-08

New Europe Property Investments PLC ("the Company")

Notice of Annual General Meeting

The Company is today posting to shareholders a notice of Annual General Meeting convening the Company's Annual General Meeting to be held on 13 May 2008 at 12.00 noon at Falcon Cliff, Palace Road, Douglas, Isle of Man.

For further information please contact:

Martin Slabbert
New Europe Property Investments plc
+40 74 432 8882
Azhic Basirov
Smith & Williamson Corporate Finance Limited
+44 20 7131 4000