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Fri 8 May 2009, 11:00 NEP - New Europe Property Investments plc - Dividend Update
NEP
NEP                                                                             
NEP - New Europe Property Investments plc - Dividend Update                     
New Europe Property Investments plc ("the Company")                             
(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:   IM00B23XCH02                                                            
DIVIDEND UPDATE                                                                 
Further to the dividend declaration announcement published on SENS and RNS on   
23 April 2009, shareholders of the Company are advised that shareholders on     
the South African register will receive their dividend in South African Rand    
converted from Euro at a bid rate of exchange on 7 May 2009.                    
South African shareholders are hereby advised that the exchange rate to be      
used will be Euro 1 = ZAR 11.2440.  Accordingly, the dividend of 7.24 Euro      
cents will be equal to 81.40656 South African cents per ordinary share.         
8 May 2009                                                                      
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/Joanne Royden-Turner                                              
South African Sponsor:                       +27 11 283 0042                    
Java Capital (Proprietary) Limited                                              
Andrew Brooking                                                                 
Date: 08/05/2009 11:00:01 Produced by the JSE SENS Department.                  
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