Posting of 2008 Results, 19-February-2009

New Europe Property Investments PLC
Posting of 2008 results

The Company announces that its annual report and accounts for the year ended 31 December 2008, together with the notice of the Annual General Meeting to be held on 12 March 2009, have been posted to shareholders and will be available on the Company's website www.nepi.uk.com

Peter Gray, non-executive Chairman of the Company, will retire by rotation on the date of the Annual General Meeting and has chosen not to offer himself for re-election. The Company thanks Mr Gray for his contribution to the development of the Company to date.

For further information please contact:

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