Director Declaration - Additional Directorship

4 July 2016

Real Estate Credit Investments PCC Limited (the "Company")

Director Declaration - Additional Directorship

The Company announces that it has been notified that Sarah Evans, a Non-Executive Director of the Company, has been appointed as a Non-Executive Director of Apax Global Alpha Limited, a company which is a Premium Equity Closed Ended Investment Fund admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities.

For further information, please contact:

Broker: Richard Crawley / Richard Bootle (Liberum Capital) +44(0)20 3100 2222

Investor Relations: Nicole Von Westenholz (Cheyne) +44(0)20 7968 7482