Real Estate Credit Investments : Notice of Results for the Year Ended 31 March 2017

This announcement contains inside information. Date and time of release: 12 May 2017, 7:00 am

Notice of Results for the Year Ended 31 March 2017 Real Estate Credit Investments Limited

Real Estate Credit Investments Limited (LSE: RECI, RECP) will be announcing its results for the year ended 31 March 2017 on Friday 16 June 2017. A results presentation will be available on the Real Estate Credit Investments Limited website (www.recreditinvest.com).

For further information please contact:

Broker:	Richard Crawley / Richard Bootle (Liberum Capital)	[phone]
Investor Relations:	Nicole von Westenholz (Cheyne)	[phone]

About the Company:

Real Estate Credit Investments Limited (the "Company") is a non-cellular company incorporated in Guernsey, having converted from a protected cell company called Real Estate Credit Investments Limited PCC on 25 October 2016.

The Company's real estate debt strategy focuses on secured residential and commercial debt in the UK and Western Europe, seeking to exploit opportunities in publicly traded securities and real estate loans. The Company has adopted a long term strategic approach to investing and focuses on identifying value in real estate debt. In making these investments the Company uses the expertise and knowledge of its Alternative Investment Fund Manager ("AIFM") or ("Investment Manager"), Cheyne Capital Management (UK) LLP ("Cheyne").

The RECI Ordinary Shares (ticker RECI) reflect the performance of the Company's real estate debt strategy. The RECI Ordinary Shares are currently listed on the premium segment of the Official List of the UK Listing Authority and trade on the Main Market of the London Stock Exchange plc. RECI Ordinary Shares offer investors a levered exposure to a portfolio of real estate credit investments and aim to pay a quarterly dividend. Such leverage is currently provided by the RECI Preference Shares (ticker RECP) which confer the right to a preferential cumulative preference dividend of 8 per cent per annum payable quarterly on each Payment Date. The RECP Preference Shares are currently listed on the standard segment of the Official List of the UK Listing Authority and trade on the Main Market of the London Stock Exchange plc. The Current Preference Shares are scheduled to be redeemed on 18 September 2017.

This announcement includes statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes", "forecasts", "estimates", "anticipates", "expects", "intends", "considers", "may", "will" or "should". By their nature, forward-looking statements involve risks and uncertainties and readers are cautioned that any such forward-looking statements are not guarantees of future performance. The Company's actual results and performance may differ materially from the impression created by the forward-looking

statements and should not be relied upon. The Company undertakes no obligation to publicly update or revise forward-looking statements, except as may be required by applicable law and regulation (including the Listing Rules). Past performance of the Company cannot be relied on as a guide to future performance. In this section, unless otherwise defined, capitalised terms have the meaning given to them in the Company's prospectus dated 22 February 2017.