EUROCASTLE INVESTMENT LIMITED

                                                                                       FOR IMMEDIATE RELEASE
Contact:
International Administration Group (Guernsey) Limited
Company Administrator
Attn:  Mark Woodall
Tel:  +44 1481 723450                                                              

Resignation of Mr Paolo Bassi


Guernsey. 7 February 2013 - Eurocastle Investment Limited (Euronext Amsterdam: ECT) announces that on 7 February 2013 Mr Paolo Bassi resigned as a non-executive director of the Company.  The Board would like to thank Mr Bassi for his contribution and commitment to the Company over the past nine years.

About Eurocastle
Eurocastle Investment Limited is an investment company which primarily owns and manages German commercial real estate assets. The Company is Euro denominated and is listed on Euronext Amsterdam under the symbol "ECT." Eurocastle is managed by an affiliate of Fortress Investment Group LLC, a leading global investment manager. For more information regarding Eurocastle Investment Limited and to be added to our email distribution list, please visit www.eurocastleinv.com. 




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Source: Eurocastle Investment Limited via Thomson Reuters ONE

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