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NEP                                                                             
NEP - New Europe Property Investments plc - Availability of unaudited condensed 
consolidated financial statements for the three months ended 31 March 2012      
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                                                            
BVB share code: NEP                                                             
JSE share code: NEP                                                             
ISIN:IM00B23XCH02                                                               
("NEPI" or the "Company")                                                       
AVAILABILITY OF UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE   
THREE MONTHS ENDED 31 MARCH 2012                                                
New Europe Property Investment plc, having its registered office on 2nd Floor,  
Anglo International House, Lord Street, Douglas, Isle of Man, IM1 4LN, with     
registered number 001211V, advises its shareholders that its condensed          
consolidated unaudited financial statements for the three months ended 31 March 
2012 was submitted to the Bucharest Stock Exchange ("BVB") and to the Romanian  
National Securities Commission today, 15 May 2012. These unaudited condensed    
consolidated financial statements are available to the public on request, in    
printed format, and in electronic format on the Company's website:              
www.nepinvest.com.                                                              
The unaudited condensed consolidated financial statements for the three months  
ended 31 March 2012 was released on the Stock Exchange News Service ("SENS") of 
the JSE, the Regulatory News Service ("RNS") of the London Stock Exchange and   
the BVB on Tuesday, 15 May 2012.                                                
15 May 2012                                                                     
For further information please contact:                                         
New Europe Property Investments plc             +40 74 432 8882                 
Martin Slabbert                                                                 
Nominated Adviser and Broker                    +44 20 7131 4000                
Smith & Williamson Corporate Finance Limited                                    
Azhic Basirov/Siobhan Sergeant                                                  
JSE sponsor                                     +27 11 283 0042                 
Java Capital                                                                    
Romanian advisor                                +40 21 222 8731                 
SSIF Intercapital Invest SA                                                     
Razvan Pasol                                                                    
Date: 15/05/2012 16:15:01 Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.                                          

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