1st Quarter Results

Globalworth Real Estate Investments Limited

Unaudited Condensed Consolidated Financial Statements for the three month period ended 31 March 2014

Q1 2014 period-end EPRA Net Asset Value

Globalworth Real Estate Investments Limited ("Globalworth" or the "Company") is pleased to release the following:

· Unaudited Condensed Consolidated Financial Statements for the three month period ended 31 March 2014; and

· Q1 2014 period-end EPRA Net Asset Value.

The quarterly financial statements have been prepared by the Company on a voluntary basis for the information of the Company's shareholders following completion of the following material transactions during the three month period ended 31 March 2014:

a. Acquisition of:

i. Upground Estates S.R.L.;

ii. Tower Center International; and

iii. Oystermouth Holding Limited and Dunvant Holding Limited (holding companies of BOB Development S.R.L. BOC Real Property S.R.L., and Netron Investment S.R.L.)

b. Drawdown of the short term debt facility obtained from UBS Limited ("UBS")

The EPRA Net Asset Value as of 31 March 2014 is presented in accordance with the stated intention of the Company to publish its estimated NAV on a quarterly basis.

Key highlights are as follows:

• Portfolio Open Market Value ("OMV") of € 490.7 million

• Bank loans outstanding (nominal value) of € 243.8 million

• Loan to Value of 49.7 per cent

• EPRA NAV of € 263.4 million

• EPRA NAV/share of € 9.31

Both the quarterly financial statements and the EPRA NAV are available in the "Investor Relations" section of the Company's website at www.globalworth.com.

For further information visit www.globalworth.com or contact:

Panmure Gordon (Nominated Adviser and Joint Broker) Tel: +44 20 7886 2500

Nicola Marrin

Freddy Crossley

Cantor Fitzgerald Europe (Joint Broker) Tel: +44 20 7894 7000

Rick Thompson

David Foreman

Milbourne (Public Relations) Tel: +44 20 3540 6458

Tim Draper

About Globalworth:

Globalworth Real Estate Investments Limited is a real estate investment company founded by real estate investor and developer Ioannis Papalekas to take advantage of investment opportunities in Romania and the broader SEE and CEE regions. The Company is Guernsey incorporated and has been declared by the Guernsey Financial Services Commission to be a registered closed-ended collective investment scheme. The Company's shares were admitted to trading on AIM in July 2013.

The Romanian market offers an attractive real estate investment proposition in the medium-to-long term. Globalworth believes that global investor capital flows will gradually move from markets considered as "safe havens" to more peripheral markets such as Romania and the broader SEE and CEE regions in search of higher yielding investments. As a result, Romania and the broader SEE and CEE regions should, in due course, become more attractive destinations for a wide investor audience. Globalworth anticipates holding an early mover advantage in these markets and benefitting from this gradual shift in investor sentiment.