Dividend Declaration, 23-April-2009

New Europe Property Investments PLC
Dividend Declaration

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
ISIN Code: IM00B23XCH02

Dividend declaration

The Board of Directors of the Company yesterday declared a final dividend of 7.24 Euro cents per ordinary share for the year ended 31 December 2008.

The salient dates for the dividend are as follows:

Last day to trade (JSE Limited): Friday, 15 May 2009
Ex-dividend date (JSE Limited): Monday, 18 May 2009
Ex-dividend date (AIM): Wednesday, 20 May 2009
Record date: Friday, 22 May 2009
Payment date: Friday, 5 June 2009

No dematerialisation or rematerialisation of share certificates, nor transfer of shares between registers in the Isle of Man and South Africa will take place between Monday, 18 May 2009 and Friday, 22 May 2009, both dates inclusive.

Shareholders on the South African register will receive their dividend in South African Rand.

For further information please contact:

New Europe Property Investments plc
Martin Slabbert
+40 74 432 8882
Smith & Williamson Corporate Finance Limited
Azhic Basirov / Joanne Royden-Turner
+44 20 7131 4000
Java Capital (Proprietary) Limited
Andrew Brooking
Corporate advisor and sponsor
+27 (0)11 283 0042

This information is provided by RNS
The company news service from the London Stock Exchange