Dividend Declaration

8 December 2010

NewRiver Retail Limited ("NewRiver" or the "Company")

Dividend Declaration

As announced on 7 December 2010, the Board of the Company has declared its first interim dividend of 1 pence per share which will be paid on 21 January 2011 to ordinary shareholders on the register on 17 December 2010. Of this dividend, the full 1 pence per share is a REIT Property Income Distribution (PID) in respect of the Group's tax exempt property rental business.

- Ends -

For further information:

www.newriverretail.com

NewRiver Retail Limited

David Lockhart Tel: 0203 328 5808

Mark Davies

Pelham Bell Pottinger

David Rydell

Rosanne Perry Tel: 0207 861 3232

Cenkos Securities

Ian Soanes

Max Hartley Tel: 0207 397 8900