Notice of Results

19 March 2012

DOLPHIN CAPITAL INVESTORS LIMITED

("Dolphin" or the "Company")

Notice of 2011 Preliminary Annual Results and Trading Update

Dolphin Capital Investors, a leading global investor in the residential resort sector in emerging markets and the largest real estate investment company listed on AIM by Net Asset Value, will announce the Company's Preliminary Annual Results for the year ended 31 December 2011 and provide a Trading Update on Wednesday 28 March 2012.

-ENDS-

For further information, please contact:

Dolphin Capital Partners

Miltos E. Kambourides [email protected]

Pierre A. Charalambides [email protected]

Katerina G. Katopis [email protected]

Eleni Florou [email protected]

FTI Consulting, London +44 (0)20 7831 3113

Stephanie Highett [email protected]

Will Henderson

Daniel O'Donnell