Dividend Declaration - Ordinary Dividend

10 August 2016

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

Dividend Announcement

Ordinary Dividend for RECI LN (the Core shares)

Real Estate Credit Investments PCC Limited announces today that it declares an ordinary dividend for the Core for the period 1 April 2016 to 30 June 2016, of 2.7 pence per share (a total amount of GBP 1,966,099). The dividend is to be paid on 9 September 2016 to Core ordinary shareholders on the register at the close of business on 19 August 2016. The ex dividend date is 18 August 2016.

For further information, please contact:

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

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