Director Declaration

12 June 2014

Starwood European Real Estate Finance Limited

(the "Company")

Director Declaration

In compliance with Listing Rule 9.6.14, the Company announces that Mr Jonathan Bridel, a non-executive director, has informed the Company that he has been appointed as a non-executive director to Fair Oaks Income Fund Limited which listed on the Specialist Fund Market on 12 June 2014.

Enquiries:

Ipes (Guernsey) Limited

Gillian Newton

T: +44 1481 735869

Notes:

Starwood European Real Estate Finance 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 Continental European markets. www.starwoodeuropeanfinance.com