Statement re Media Speculation

Press Release

Statement re Media Speculation

GRN ID GRN LN

Dublin, 3 February 2014 | Green REIT plc ("Green REIT" or the "Company"), the Irish property investment company, notes recent media speculation on financing.

As announced in our statement issued on 31 January 2014, Green REIT, together with our partners, has been selected as preferred bidder by the National Asset Management Agency (NAMA) regarding the potential acquisition of a portfolio of commercial real estate known as Central Park, located in Dublin. This acquisition will be financed from existing Company resources alongside its funding partner PIMCO.

The Company is always considering its funding options including debt, equity and joint ventures, as would be expected in the ordinary course of business. The Company will update the market as and when it is appropriate.

ENDS

About Green REIT plc

Green REIT plc is an Irish Real Estate Investment Trust ("REIT") and is listed on the Irish and London Stock Exchanges. The Company was the first REIT established in Ireland following the introduction of REIT legislation by the Irish Government. The Company's stated strategy is to create a property portfolio consisting primarily of commercial property in Ireland to deliver income and capital growth through opportunistic investments, active property management and prudent use of debt finance. Please visit www.greenpropertyreit.com

Contacts

FTI Consulting (IR and PR to the Company)

Dublin London

+353 (0) 1 6633686 +44 (0) 20 7831 3113

Mark Kenny Stephanie Highett

Jonathan Neilan Richard Sunderland

Melanie Farrell Giles Barrie

Nina Legge

[email protected] [email protected]