Dividend Announcement

12 February 2014

Real Estate Credit Investments PCC Limited (the "Company")

Dividend Announcement

Ordinary Dividend for RECI LN (the Core shares)

Real Estate Credit Investments PCC Limited announces today that it declares an ordinary dividend for the Core for the period 1 October 2013 to 31 December 2013, of 2.3 pence per share (a total amount of GBP 1,674,825). The dividend is to be paid on 21 March 2014 to ordinary shareholders on the register at the close of business on 28 February 2014. The ex dividend date is 26 February 2014.

For further information, please contact:

Public Relations: Henrietta Dehn +44 (0)20 3540 6455

Investor Relations: Nicole Von Westenholz +44 (0)20 7968 7482