ECT Eurocastle Investment

Eurocastle Investment Limited - Change of Home State Regulator

Contact:                                                                                                                                                                                             Oak Fund Services (Guernsey) LimitedCompany Administrator Attn:  Mark WoodallTel:  +44 1481 723450                                                                                          

Change of Home State Regulator

Guernsey, 15 January 2021 - Eurocastle Investment Limited has applied to change its home state regulator from the United Kingdom (“UK”) FCA to the Netherlands AFM as a result of the UK having left the European Union as at 31 December 2020.

ADDITIONAL INFORMATION

For investment portfolio information, please refer to the Company’s most recent Financial Report, which is available on the Company’s website (www.eurocastleinv.com).

ABOUT EUROCASTLE

Eurocastle Investment Limited (“Eurocastle” or the “Company”) is a publicly traded closed-ended investment company, focused on Italian performing and non-performing loans, Italian loan servicing platforms and other real estate related assets in Italy. On 18 November 2019, the Company announced a plan to realise the majority of its assets with the aim of accelerating the return of value to shareholders. The Company will not currently seek material new investments from the proceeds of the realisation but, will continue to support its existing investments to the extent required in order to optimise returns and distribute cash to shareholders when available (the “Realisation Plan”). For more information regarding Eurocastle Investment Limited and to be added to our email distribution list, please visit www.eurocastleinv.com.