Director/PDMR Shareholding

29 June 2010

                            Real Estate Investors plc
                     ("REI" or "the Company" or "the Group")

                                Director Dealing

Real  Estate  Investors  (AIM:RLE),  the West  Midlands  based  property  group,
announces  that,  following his appointment, yesterday, John  Crabtree  acquired
500,000 ordinary shares of 1p each in the Company, at a price of 6.5p per share.
This  represents 0.1 per cent. of the issued share capital of  REI  and  is  his
total holding in the Company.

Enquiries:

Real Estate Investors PLC          [phone]
Paul Bassi

Smith & Williamson Corporate       [phone]
Finance Limited
Azhic Basirov / Siobhan Sergeant

Singer Capital Markets Limited     [phone]
Alan Geeves

Tavistock Communications           [phone]
Jeremy Carey/Amy Walker



Notes to Editors

1. REI is an AIM listed property investment company specialising in commercial
   property principally in the West Midlands and central England

2. REI  is  focused on delivering shareholder value through returns generated
   from  strong  yields and capital enhancements. This is achieved by  targeting
   investments in orphaned, distressed, part-let and underperforming  commercial
   property assets

3. REI is led by respected property investor Paul Bassi CBE, who has over  25
   years of property experience in the West Midlands. Mr Bassi is also founder and
   chairman of Bond Wolfe and chairman of Bigwood Chartered Surveyors

4. REI was admitted to trading on AIM in June 2004 and has subsequently raised
   a  total of £35 million in further equity issues as well as debt financing to
   grow  its  property  portfolio.  As at 31 December 2009,  its  portfolio  and
   inventories were valued at £55 million

5. Further information on REI can be found at www.reiplc.com