Hibernia REIT plc - Interim Management Statement

13 February 2014

Hibernia REIT plc - Interim Management Statement

Hibernia REIT plc ("the Company") today issues its first interim management statement covering the period from 1 November 2013 to date, in accordance with the reporting requirements of the Transparency Regulations 2007.

Hibernia REIT plc listed on the main markets of the Irish Stock Exchange and the London Stock Exchange on 11 December 2013.

The Company's strategy is to build a portfolio of attractively located, institutional quality, primarily income- producing properties, mainly in the Greater Dublin area. The Company intends to concentrate on the office sector, but will also consider industrial, retail, warehousing and distribution, recreational, residential and other Irish property assets.

The Company is currently evaluating a number of investment opportunities, and has a strong financial position having raised gross funds of €385million in December.

The Company expects to announce full year results to 31 March 2014 on 20 May.

ENDS

Contacts

Murray Consultants +353 1 4980300

Joe Heron

Orlagh Ryan

WK Nowlan REIT Management Limited + 353 1 9058350

Kevin Nowlan, Chief Executive Officer

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 Company is the largest REIT established in Ireland since the introduction of REIT legislation in early 2013. The principal activity of the Company will be to acquire and hold investments in Irish property (primarily commercial property) with a view to maximising shareholder returns.