Replacement Interim Dividend

To: Company Announcements

Date: 31 May 2012

Company: IRP Property Investments Limited

Subject: Replacement Interim Dividend Announcement

This announcement replaces the announcement released on 30 May 2012 under RNS number 4382E. The change to the announcement is the Ex-Dividend Date and Record Date.

Interim Dividend

IRP Property Investments Limited today announces a third interim dividend in respect of the year ending 30 June 2012, of 1.80 pence per share, as follows:

Ex-Dividend Date - 13 June 2012

Record Date - 15 June 2012

Payment Date - 29 June 2012

All Enquiries:

The Company Secretary

Northern Trust International Fund Administrations Services (Guernsey) Limited

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 3QL

Tel: 01481 745001

Fax: 01481 745085