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Last checked at 
12 May 2011 11:57
12 May 2011
Real Estate Credit Investments Limited (the "Company")
The Company is pleased to announce a significant reduction in the exposure to Portuguese mortgage residual income investments following the successful sale of the Lusitano Mortgages No. 1 plc, Lusitano Mortgages No. 2 plc and Lusitano Mortgages No. 3 plc Portuguese mortgage residual income investments.
The following table shows updated balance sheet positions taking into account the sale of the Lusitano assets:
Bonds (valued as at 30 April 2011) | EUR 67,626,457 |
Remaining Residual Income Positions (using 31 Dec 2010 values) | EUR 47,826,015 |
Cash Balances (as at 12 May 2011) | EUR 25,031,436 |
For further information please contact:
Public Relations: | James Wallis | +44 (0) 20 7920 2329 |
Kate Ruck Keene | +44 (0) 20 7920 2322 | |
Investor Relations: | Natalie Withers | +44 (0) 20 7968 7348 |
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