Notification of Transactions by Connected Persons (6688Y)

TIDMREOP

RNS Number : 6688Y

REO Securities Limited

29 December 2010

Date: 29 December 2010

Real Estate Opportunities plc

(the "Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

The Company was advised on 29 December 2010 of certain dealings in its share capital by Brossbar Unlimited ("Brossbar"). Brossbar is a wholly-owned subsidiary of Treasury Holdings Unlimited ("Treasury Holdings"), which is owned as to 50 per cent. by Richard Barrett, a director of the Company. Brossbar is therefore a connected person of Richard Barrett. This notification is being made pursuant to DTR 3.1.2R.

On 29 December 2010, in Dublin, Brossbar entered into a transaction (the "Transaction") disposing of 5,258,534 ordinary shares of 1p each in the capital of the Company (the "Shares") for a price of 4 pence per ordinary share.

As a result of the Transaction, Treasury Holdings and other entities within the Treasury Holdings group (including Brossbar) who are connected to Richard Barrett hold 216,522,506 ordinary shares in the Company. This figure represents approximately 64.83 per cent. of the Company's issued share capital.

ENQUIRIES:

Real Estate Opportunities plc

Ray Horney, Chairman

Tel: + 44 (0)1273 775 225

Matrix Corporate Capital

Paul Fincham

Tel +44 (0)20 3206 7000

Goodbody Stockbrokers Linda Hickey, Corporate Broking Tel +353 1 641 6017

Finsbury

Gordon Simpson/Ed Simpkins

Tel: +44 (0)207 251 3801

Murray Consultants