Director Declaration

Starwood European Real Estate Finance Limited

(the "Company")

Director Declaration

In compliance with Listing Rule 9.6.14, the Company announces that Mr Steve Smith, a non-executive director, has informed the Company that he has been appointed as Non-Executive Chairman of The PRS REIT plc which currently trades on the Specialist Fund Segment of the London Stock Exchange.

In addition Mr Smith has also been appointed as Non-Executive Chairman of AEW UK Long Lease REIT plc, which currently trades on the Main Market of the London Stock Exchange.

Enquiries:

Ipes (Guernsey) Limited

Jon Jehan

T: +44 1481 735814

Notes:

Starwood European Real Estate Finance Limited is an investment company listed on the main market of the London Stock Exchange with an investment objective to provide Shareholders with regular dividends and an attractive total return while limiting downside risk, through the origination, execution, acquisition and servicing of a diversified portfolio of real estate debt investments in the UK and the wider European Union's internal market. www.starwoodeuropeanfinance.com.

The Group is the largest London-listed vehicle to provide investors with pure play exposure to real estate lending.

The Group's assets are managed by Starwood European Finance Partners Limited, an indirect wholly-owned subsidiary of the Starwood Capital Group.