Globalworth Regulatory News (GWI)

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1 October 2015

Globalworth Real Estate Investments Limited ("Globalworth" or the "Company")

Completion of Equity Fundraising

On 22 September 2015 the Board of Globalworth announced its intention to conduct a placing of new ordinary shares ("Placing Shares") expected to raise approximately €35 million (the "Placing"). Further to this announcement, the Company is pleased to announce that the Placing has raised gross proceeds of approximately €53.8 million, exceeding the expected gross proceeds of the capital raise by approximately €18.8 million.

York Capital Management Global Advisors, LLC ("York"), through its affiliate York Global Finance Offshore BDH (Luxembourg) S.à r.l., has subscribed €25.0 million for 4,166,667 Placing Shares in the Placing, which increases its shareholding in the Company to 15,357,813 ordinary shares (representing approximately 24.5 per cent. of the Company's issued share capital).

Oak Hill Advisors (Europe), LLP, through certain funds and separate accounts it manages, has subscribed approximately €7.2 million for 1,203,051 Placing Shares in the Placing, which increases its shareholding in the Company to 8,396,613 ordinary shares (and maintains its percentage shareholding in the issued share capital of the Company at 13.4 per cent.).

Lenuta Ltd, a company whose ultimate beneficial owner is Mr Dimitris Raptis (Deputy CEO and Chief Investment Officer of the Company), has subscribed €195,000 for 32,500 Placing Shares in the Placing. Mr Raptis' beneficial interest totals 193,348 Ordinary Shares in the Company, representing approximately 0.3 per cent. of the issued share capital as enlarged pursuant to the Placing.

The level of participation in the Placing by York constitutes a related party transaction for the purposes of Rule 13 of the AIM Rules for Companies. The Directors (other than Akbar Rafiq, a Director appointed by York), having consulted with Panmure Gordon (the Company's Nominated Adviser), consider that the terms of York's participation in the Placing are fair and reasonable insofar as the Company's shareholders are concerned.

Application for Admission

Application has been made for 8,971,603 new Ordinary Shares to be issued pursuant to the equity fundraising to be admitted to trading on AIM on 5 October 2015. Following admission of these Ordinary Shares, the Company's enlarged issued share capital will comprise 62,616,691 Ordinary Shares with voting rights in the Company. As the Company holds no shares in treasury, this is the total number of the voting rights in the Company which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change in the interest, in the share capital of the Company under Chapter 5 of the FCA's Disclosure and Transparency Rules as reflected in the Company's articles of incorporation.

For further information visit www.globalworth.com or contact:

Panmure Gordon (Nominated Adviser and Joint Broker) Tel: +44 20 7886 2500

Nicola Marrin

Cantor Fitzgerald Europe (Settlement Agent and Joint Broker) Tel: +44 20 7894 7000

Rick Thompson

David Foreman

Milbourne (Public Relations) Tel: +44 20 3540 6458

Tim Draper

About Globalworth

Globalworth Real Estate Investments Limited is a real estate investment company founded by real estate investor and developer Ioannis Papalekas currently focused on taking advantage of investment opportunities in Romania. The Company's shares were admitted to trading on AIM in July 2013.

The Romanian market offers an attractive real estate investment proposition in the medium-to-long term. Globalworth believes that global investor capital flows will gradually move from markets considered as "safe havens" to more peripheral markets such as Romania in search of higher yielding investments. As a result, Romania should, in due course, become a more attractive destination for a wide investor audience. Globalworth anticipates holding an early mover advantage in and benefitting from this gradual shift in investor sentiment.