Transaction in Own Shares

28 November 2012

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

Transaction in own shares

Real Estate Credit Investments PCC Limited announces that today it purchased 2,174,970 preference shares at a price of 99.75p per share. The purchased shares are expected to be held in treasury.

Following the above purchase, the Company has a total of 44,962,834 preference shares in issue. The number of preference shares purchased represented 4.84% of the total preference shares in issue prior to such purchases. The preference shares do not hold voting rights.

For further information, please contact:

Public Relations: Henrietta Dehn +44 (0)20 7920 2328

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