Director/PDMR Shareholding

12 September 2011

NewRiver Retail Limited ("NewRiver" or the "Company")

Director/PDMR Shareholding

NewRiver Retail Limited (AIM: NRR), the UK REIT specialising in value-creating retail property investment and asset management, was informed on 9 September 2011 that on the same day David Lockhart, a director of the Company, acquired an additional 10,000 ordinary shares of no par value ("Ordinary Shares") at 240 pence each via his SIPP. As a result of this transaction David Lockhart is now interested in 1,610,000 Ordinary Shares representing approximately 5.08% of the Company's current issued share capital.

- Ends -

For further information:

www.nrr.co.uk

NewRiver Retail Limited

David Lockhart Tel: 0203 328 5808

Pelham Bell Pottinger

David Rydell

Rosanne Perry Tel: 0207 861 3232

Cenkos Securities

Ian Soanes

Max Hartley Tel: 0207 397 8900