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Eurocastle Investment Limited: Eurocastle Releases First Quarter 2021 Interim Management Statement and Announces Annual General Meeting on 16 June 2021 Company Administrator 6 1 Guernsey, 14 May 2021 - Eurocastle Investment Limitedhas released its interim management statement for the quarter ended 31 March 2021. Q 1 of €16.3 million, or €8.77 per share 2, up €0.31 per share vs. €8.46 per share at 31 December 2020 (after payment in Q1 2021 of €0.54 per share of 2020 capital distribution) due to: Valuation increases: €0.27 per share increase (7%) in the valuation of the remaining three real estate fund investments. €0.04 per share increase (7%) in the valuation of the remaining three NPL and other loan interests. Q (1.0) CASH & MARKET OUTLOOK The Company received €2.8 million from its investments in the quarter comprising (i) €0.4 million final material distribution from Real Estate Fund Investment I (~43% above its Q4 20 NAV), (ii) €0.5 million from R

Mark woodallOak fund services guernseyCash movementEurocastle investment limitedCompany administratorEurocastle investmentReal estate fund investmentFv movementFund servicesReleases first quarterAnnual general meetingInvestment limitedhasAsset valueMarket abuse regulationFinancial reportInvestment limited