Eurocastle Announces Annual General Meeting on 18 May 2016

Guernsey. 15 April 2016 - Eurocastle Investment Limited (Euronext Amsterdam: ECT) ("Eurocastle" or the "Company") announces that it will hold its Annual General Meeting on Wednesday, May 18, 2016, at the Company's registered office at 2:00 pm London time (3:00 pm CET). Formal notice of meeting containing the full text of the resolutions to be proposed will be mailed to shareholders in due course.  Among the resolutions to be proposed at the meeting will be a resolution giving the Company authority to make market purchases (including by way of tender offer) of its own shares.

About Eurocastle
Eurocastle Investment Limited is a publicly traded closed-ended investment company that focuses on investing in performing and non-performing loans and other real estate related assets primarily in Italy. 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.