Formal Notice

Real Estate Investors PLC

("REI" or the "Company")

EGM resolutions to increase share authorities

REI announces that, at an Extraordinary General Meeting held today, resolutions
were passed to authorise the Directors to issue up to an additional 50 million
new ordinary shares of 1p each. The purpose of these authorities is to enable
the Board to exploit business opportunities and react quickly to changing market
conditions, by allotting shares as part of the funding of acquisitions and to
raise cash.

Further information:

Peter Lewin - CEO                01923 776633
Malcolm Lewin - FD
Real Estate Investors PLC


11 January 2006