Closure of FSCA possible false or misleading reporting investigation NEPI Rockcastle plc Incorporated and registered in the Isle of Man Registered number 014178V JSE and Euronext share code: NRP ISIN: IM00BDD7WV31 ("NEPI Rockcastle" or "the Company") CLOSURE OF FSCA POSSIBLE FALSE OR MISLEADING REPORTING INVESTIGATION Stakeholders' attention is drawn to the announcement issued on 6 May 2019 by South Africa's Financial Services Conduct Authority ("FSCA"). This states that the investigation in relation to a potential breach of section 81 of the Financial Markets Act No. 19 of 2012 (the "FMA"), relating to possible false and misleading reporting, has been closed. The FSCA found "no substance in the allegations that NEPI Rockcastle intentionally and negligently made / published false statements in respect of the past or future performance, being the 31 December 2017 financial statements". The Company welcomes the conclusion of this investigation, which reconfirms its position and previous communications to the market. On 4 March 2019, the FSCA stated that it had closed its investigation in respect of possible insider trading related to the Company (Section 78 of the FMA), with no issue raised against the Company. Following these announcements, the FSCA's only pending investigation related to the Company concerns possible prohibited trading practices. As stated by the FSCA, this investigation is not into the affairs of the Company, but into trading of its shares on the stock exchanges, by third parties. NEPI Rockcastle reiterates that it follows strict corporate governance rules and that its board and management are comfortable with the integrity of its business practices. Alex Morar, CEO, said: "We welcome the conclusion of the FSCA's investigation and note that no claims were made against the Company, as the allegations raised by certain third parties were groundless. NEPI Rockcastle has demonstrated exceptional business performance and adheres to best practice in financial reporting and corporate governance. We will continue to focus on delivering strong results and generating long-term value for our stakeholders." For further information please contact: NEPI Rockcastle plc Alex Morar + 40 21 232 1398 JSE sponsor Java Capital +27 11 722 3050 Euronext Listing Agent ING Bank +31 20 563 6799 Media Relations Brunswick Group +44 20 7404 5959 +27 11 502 7300 nepirockcastle@brunswickgroup.com 7 May 2019 Date: 07/05/2019 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.