Result of 2009 AGM, 18-March-2009

New Europe Property Investments PLC
Result of 2009 AGM

The Company announces that at its annual general meeting held on 12 March 2009, all resolutions proposed were duly passed and Peter Gray has retired as a director of the Company. The Company wishes to thank Mr Gray for his contribution to the development of the Company during his tenure as Chairman.

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