Peter Lewin

28 November 2011

Real Estate Investors plc

(“REI” or the “Company”)

PETER LEWIN

It is with deep regret that the Board of Real Estate Investors reports the death of Peter Lewin, founder and former Chairman of the Company, who passed away peacefully on Friday 25th November 2011. Mr Lewin formed Real Estate Investors in 2004 and it was listed on AIM in the same year. He was Chief Executive until 2007, when he became Chairman, a role he held until 2010. He remained a non executive director until retiring at the beginning of this year.

Paul Bassi, Chief Executive of Real Estate Investors,said:

“On behalf of the Board and everyone at Real Estate Investors, I would like to extend our condolences to Peter’s wife, Michelle and to their family.

“Peter was unstinting in his commitment to the Company and his wise counsel was always of the highest standard. He will be missed.”

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