EUROCASTLE INVESTMENT LIMITED

FOR IMMEDIATE RELEASE
Contact:
International Administration Group (Guernsey) Limited
Company Administrator
Attn: Mark Woodall
Tel: +44 1481 723450

Eurocastle Declares a Dividend of €0.125 Per Ordinary Share for the Third Quarter 2013

Guernsey. 1 October 2013 - Eurocastle Investment Limited (Euronext Amsterdam: ECT) today announces that its Board of Directors has declared a third quarter 2013 cash dividend of €0.125 per ordinary share. This is the first dividend declared by the Board of Directors for a full quarter of operations following the convertible debt restructuring and equity raise in the second quarter of 2013.

The dividend is payable on October 31, 2013 to shareholders of record at close of business on October 9, 2013, with an ex-dividend date of October 7, 2013.

About Eurocastle
Eurocastle Investment Limited is a closed-ended investment company that owns Italian loans and real estate related assets, German commercial real estate and European real estate securities and loans. The Company is Euro denominated and is listed on Euronext Amsterdam Exchange under the symbol "ECT". Eurocastle is managed by an affiliate of Fortress Investment Group LLC, a leading global alternative asset manager. For more information regarding Eurocastle Investment Limited and to be added to our email distribution list, please visit www.eurocastleinv.com.

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Source: Eurocastle Investment Limited via Thomson Reuters ONE
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