Director/PDMR Shareholding

26 June 2007

Real Estate Investors PLC ("REI" or "the Company")

Director's Dealing

REI  announces  that  today, Paul Bassi, a director of  the  Company,  purchased
10,000,000  ordinary shares of 1p each in the Company ("Ordinary Shares")  at  a
price of 12.00p per share.  Mr Bassi's investments are through Bond Wolfe Assets
Limited, of which he is executive chairman and sole shareholder.

As  a  result,  Mr  Bassi's total beneficial interest  in  the  Company  is  now
59,504,493  Ordinary  Shares representing 17.46 per cent. of  the  issued  share
capital of REI.

For further information please contact:

Real Estate Investors PLC                          0121 553 3414
Paul Bassi, Chief Executive

Smith & Williamson Corporate Finance Limited       020 7131 4000
Azhic Basirov
Siobhan Sergeant