2013-02-07 15:16:17 -

EUROCASTLE INVESTMENT LIMITED



                                       FOR IMMEDIATE
RELEASE
Contact:
International Administration Group (Guernsey) Limited
Company Administrator
Attn:  Mark Woodall
Tel:  +44 1481 723450

                         Resignation of Mr Paolo Bassi


Guernsey.  7 February 2013 - Eurocastle  Investment Limited (Euronext Amsterdam:
ECT)  announces  that  on  7 February  2013 Mr  Paolo  Bassi  resigned as a non-
executive  director of the Company.  The Board  would like to thank Mr Bassi for
his contribution and commitment to the Company over the past nine years.

About Eurocastle
Eurocastle  Investment Limited is an investment company which primarily owns and
manages  German commercial real  estate   assets. The  Company is Euro denominated
and  is  listed  on  Euronext  Amsterdam  under  the symbol "ECT." Eurocastle is
managed  by  an  affiliate  of  Fortress  Investment Group LLC, a leading global
investment manager. For more information regarding Eurocastle Investment Limited
and   to   be   added   to   our   email   distribution   list,   please   visit
www.eurocastleinv.com.



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Source: Eurocastle Investment Limited via Thomson Reuters ONE
[HUG#1676439]