Requisition of EGM

RNS Number : 9858N

Sirius Real Estate Limited

21 June 2010

SIRIUS REAL ESTATE LIMITED

Requisition of Extraordinary General Meeting

On 18 June 2010 the Company received notice from Weiss Asset Management LP, being the registered

holder of 60,133,124 shares in the Company (approximately 20.7% of those in issue), of a requisition of an extraordinary general meeting of the Company. Accordingly, the Board will send to shareholders, within 21 days from receipt of this requisition, unless the proposals are withdrawn, a notice convening an extraordinary general meeting to be held not more than 28 days from the issue of the notice convening the meeting, to vote on the resolutions (the "Resolutions") proposed by Weiss Asset Management LP. The Resolutions will propose the removal of Dick Kingston and Walter Hens as directors of the Company, and the appointment as directors of the Company of Rolf Elgeti, Michael Neuburger and Eitan Milgram.

The Company will provide notice of the General Meeting in due course and in accordance with its articles of association.

Enquiries:

Principle Capital Sirius Real Estate Asset Management Limited

Kevin Oppenheim, CEO 020 7632 4130

Alistair Marks, CFO

Mark Whitfeld, Investor Relations 020 7240 3222

J.P. Morgan Cazenove

Robert Fowlds 020 7588 2828

Bronson Albery

Cardew Group

Tim Robertson 020 7930 0777

Catherine Maitland