Investors in Global Real Estate Limited (the "Company" or "IGRE")

(a closed-ended investment company incorporated with limited liability under the laws of Guernsey with registered number 44714)

Dividend Declaration

27 July 2012

The Board of IGRE (the "Board") is pleased to announce that it has approved the payment of a dividend amounting to 1.05 pence per share, which will be payable by the Company in respect of the period to 30 June 2012, with the following details:

            Ex Date                                     8 August 2012

            Record Date                              10 August 2012

            Pay Date                                   24 August 2012

            Dividend per Share                     1.05 pence (Sterling)

The annualised dividend has been maintained at 4.2p per share. The Board are comfortable with this rate, based on the current income and dividend growth expected from the Company's investments in global quoted property equities and a growing number of unlisted property investments.

Enquiries:

Company website:         www.igre.co.uk

Andrew Maiden

Northern Trust International Fund Administration Services (Guernsey) Limited

Tel:          +44 (0) 1481 745368

Email:      ARM7@ntrs.com