Posting of annual report and no change statement

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
ISIN Code: IM00B23XCH02
("NEPI" or "the Company")

POSTING OF ANNUAL REPORT AND NO CHANGE STATEMENT
The Company announces that its annual report for the year ended 31 December 2009 has been posted to shareholders today and will shortly be available on the Company`s website http://www.nepi.uk.com. It contains no changes from the audited results which were published on RNS and SENS on 5 February 2010.

31 March 2010

For further information please contact:

New Europe Property Investments plc
Martin Slabbert
+40 74 432 8882
Smith & Williamson Corporate Finance Limited
Azhic Basirov / Charles Combe
+44 20 7131 4000
South African sponsor
Java Capital (Proprietary) Limited
+27 11 283 0042