Directors Declaration

Registered Number: 43634

2 December 2010

Real Estate Credit Investments Limited

(the 'Company')

Directors Declaration

In compliance with Listing Rule 9.6.14, the Company wishes to announce it has been notified by Mr Talmai Morgan, a non-executive Director of the Company that John Laing Infrastructure Fund Limited of which he is a director was admitted to trading on the main market of the London Stock Exchange on 29 November 2010.

For further information, please contact:

Kleinwort Benson (Channel Islands) Fund Services Limited

Company Secretary

01481 727111