Hibernia appoints Director of Development

Hibernia appoints Director of Development

Hibernia REIT plc ("Hibernia") announces the appointment of Mark Pollard as Director of Development. He will join Hibernia in early May 2016 as a member of the Executive Committee.

Mr Pollard, 59, joins from the National Asset Management Agency ("NAMA") where he spent six years and was responsible for a number of key development assets in Dublin and London. Previously he held senior development roles at Treasury Holdings and Asda Property Holdings. He qualified as a chartered surveyor with Jones Lang Wootton (now JLL) in London.

Kevin Nowlan, Chief Executive Officer of Hibernia, said:

"Mark has a wealth of development experience both in Ireland and in the UK and we are delighted he is joining Hibernia to oversee the delivery of our exciting pipeline of projects in Dublin's city centre."

ENDS

Contacts:

Hibernia REIT plc + 353 1 536 9100

Kevin Nowlan, Chief Executive Officer

Tom Edwards-Moss, Chief Financial Officer

Murray Consultants

Doug Keatinge: +353 86 037 4163, [email protected]

Jill Farrelly: +353 87 738 6608, [email protected]

About Hibernia REIT plc

Hibernia REIT plc is an Irish Real Estate Investment Trust ("REIT") and is listed on the Irish and London Stock Exchanges. The principal activity of the Company is to acquire and hold investments in Irish property (primarily commercial property) with a view to maximising shareholder returns.