Dividend Declaration

16 June 2011

Real Estate Credit Investments Limited (the "Company")

Dividend Announcement

Ordinary Dividend

Real Estate Credit Investments Limited announces today that it declares an ordinary dividend for the period 31 December 2010 to 31 March 2011 of EUR 0.014. The dividend is to be paid on 22 July 2011 to ordinary shareholders on the register at the close of business on 01 July 2011. The ex dividend date is 29 June 2011.

For further information, please contact:

Public Relations: James Wallis +44 (0)20 7920 2329 Kate Ruck Keene +44 (0)20 7920 2322

Investor Relations: Natalie Withers +44 (0)20 7968 7348