Real Est.cred Regulatory News (RECI)

21 March 2016

Real Estate Credit Investments PCC Limited

Appointment of New Director

The Board of Real Estate Credit Investments PCC Limited (the "Company") is pleased to announce the appointment of John Hallam as an independent non-executive director with immediate effect.

John Hallam has long experience of the financial services industry having previously been a partner in PricewaterhouseCoopers specialising in that area. He is currently the Chairman of NB Distressed Debt Investment Fund Ltd as well as being a director of a number of other companies in the investment sector, some of which are listed on the London Stock Exchange. A full listing of his current and recent directorships is set out below; these past positions include acting as Chairman of Cazenove Absolute Equity Ltd, Dexion Absolute Ltd and Prodesse Investment Ltd. In addition, he has also had a number of involvements in industry and community bodies including being a former Chairman of the Guernsey Financial Services Commission.

Bob Cowdell, Chairman, commented: "I am pleased to welcome John, who will be a valuable addition to the Board. We look forward to benefiting from his broad experience of investment funds and contribution to the future development of the Company."

John Hallam will stand for election at the Company's AGM in September.

John Hallam is or was within the previous five years a director of the following publicly quoted companies:

Current Previous five years

No further disclosures are required for John Hallam in respect of paragraphs 9.6.13R (1) - (6) of the Financial Conduct Authority's Listing Rules.

For further information, please contact:

Liberum Capital Limited, Broker: Richard Crawley +44 (0)20 3100 2222

Cheyne Capital Management (UK) LLP, Nicole Von Westenholz +44 (0)20 7968 7482

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