Dealings in securities by directors of the company 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") DEALINGS IN SECURITIES BY DIRECTORS OF THE COMPANY Shareholders are advised of the following information relating to dealings in securities by directors of the Company (acceptance of shares in terms of the Rules of the NEPI Rockcastle plc Incentive Plan (the "LTIP")) under the JSE Listing Requirements and the Market Abuse Regulation ("MAR") in Europe. The number of the allocated shares is calculated based on the 30-day VWAP of NEPI Rockcastle shares as at 18 April 2018 in respect of the 2017 financial year LTIP awards and the 30-day VWAP of NEPI Rockcastle shares as at 15 March 2019 in respect of the 2018 financial year LTIP awards, based on JSE trading information, expressed in ZAR. The share prices have been converted to EUR based on the ZAR/EUR trading quotes for the same 30-day periods. The value of the allocations expressed in EUR reflect the values included in the Remuneration Review (page 133 of the 2018 Annual Report). Name of director / person discharging managerial Alex Morar responsibilities: Initial notification/amendment according to MAR: Initial notification Transaction date: 28 June 2019 Class of securities/description and type of the Ordinary shares of EUR0.01 each financial instrument: Number of securities/volume: 137 909 Price per security: ZAR 124.27103 (equivalent to EUR 8.48383) Total value: ZAR 17 138 093.48 (equivalent to EUR 1,170 thousand) Aggregated information: N/A - single transaction Nature of transaction: Off-market award and acceptance of shares offered in terms of the LTIP for the 2017 financial year Place of the transaction: Outside of a trading venue Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director / person discharging managerial Alex Morar responsibilities: Initial notification/amendment according to MAR: Initial notification Transaction date: 28 June 2019 Class of securities/description and type of the Ordinary shares of EUR0.01 each financial instrument: Number of securities/volume: 111 701 Price per security: ZAR 123.60722 (equivalent to EUR 7.81547) Total value: ZAR 13 807 050,08 (equivalent to EUR 873 thousand) Aggregated information: N/A single transaction Nature of transaction: Off-market award and acceptance of shares offered in terms of the LTIP for the 2018 financial year Place of the transaction: Outside of a trading venue Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director / person discharging managerial Mirela Covasa responsibilities: Initial notification/amendment according to MAR: Initial notification Transaction date: 28 June 2019 Class of securities/description and type of the Ordinary shares of EUR0.01 each financial instrument: Number of securities/volume: 105 495 Price per security: ZAR 124.27103 (equivalent to EUR 8.48383) Total value: ZAR 13 109 972.31 (equivalent to EUR 895 thousand ) Aggregated information: N/A - single transaction Nature of transaction: Off-market award and acceptance of shares offered in terms of the LTIP for the 2017 financial year Place of the transaction: Outside of a trading venue Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director / person discharging managerial Mirela Covasa responsibilities: Initial notification/amendment according to MAR: Initial notification Transaction date: 28 June 2019 Class of securities/description and type of the Ordinary shares of EUR0.01 each financial instrument: Number of securities/volume: 89 310 Price per security: ZAR 123.60722 (equivalent to EUR 7.81547) Total value: ZAR 11 039 360.82 (equivalent to EUR 698 thousand ) Aggregated information: N/A - single transaction Nature of transaction: Off-market award and acceptance of shares offered in terms of the LTIP for the 2018 financial year Place of the transaction: Outside of a trading venue Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director / person discharging managerial Marek Noetzel responsibilities: Initial notification/amendment according to MAR: Initial notification Transaction date: 28 June 2019 Class of securities/description and type of the Ordinary shares of EUR0.01 each financial instrument: Number of securities/volume: 36 187 Price per security: ZAR 124.27103 (equivalent to EUR 8.48383) Total value: ZAR 4 496 995.76 (equivalent to EUR 307 thousand) Aggregated information: N/A - single transaction Nature of transaction: Off-market award and acceptance of shares offered in terms of the LTIP for the 2017 financial year Place of the transaction: Outside of a trading venue Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director / person discharging managerial Marek Noetzel responsibilities: Initial notification/amendment according to MAR: Initial notification Transaction date: 28 June 2019 Class of securities/description and type of the Ordinary shares of EUR0.01 each financial instrument: Number of securities/volume: 42 736 Price per security: ZAR 123.60722 (equivalent to EUR 7.81547) Total value: ZAR 5 282 478.15 (equivalent to EUR 334 thousand) Aggregated information: N/A - single transaction Nature of transaction: Off-market award and acceptance of shares offered in terms of the LTIP for the 2018 financial year Place of the transaction: Outside of a trading venue Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes For further information please contact: NEPI Rockcastle plc Mirela Covasa +40 21 232 1398 JSE sponsor Java Capital +27 11 722 3050 Euronext Listing Agent ING Bank +31 20 57 67 261 28 June 2019 Date: 28/06/2019 02:00:00 Produced by the JSE SENS Department. 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