Director/PDMR Shareholding

Real Estate Investors PLC
14 May 2007



14 May 2007

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

Director's Dealing


REI announces that on 11 May 2007, Paul Bassi, a director of the Company,
purchased 3,000,000 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
49,504,493 Ordinary Shares representing 14.53 per cent. of the issued share
capital of REI.


For further information please contact:

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

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

Powerscourt                                                   020 7250 1446
Victoria Brough
Claire Melly





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