Eurocastle to Announce Fourth Quarter and 2006 Year End Earnings on 7 March 2007

Released: 26/02/2007

Guernsey. 26 February 2007 – Eurocastle Investment Limited (Euronext Amsterdam: ECT) today announces that it will release its preliminary financial results for the year ended 31 December 2006 on Wednesday, 7 March 2007 before the market opens. In addition, management will host an earnings conference call 3:00 P.M. London time (10:00 A.M. New York time) on Wednesday, 7 March 2007. All interested parties are welcome to participate on the live call. You can access the conference call by dialing +1-800-665-0430 (from within the U.S.) or +1-913-312-1300 (from outside of the U.S.) ten minutes prior to the scheduled start of the call; please reference “Eurocastle Year End Earnings Call.”

A webcast of the conference call will be available to the public on a listen-only basis at www.eurocastleinv.com. Please allow extra time prior to the call to visit the site and download the necessary software required to listen to the internet broadcast. A replay of the webcast will be available for three months following the call.

For those who are not available to listen to the live call, a replay will be available until 11:59 P.M. New York time on Wednesday, 14 March 2007 by dialing +1-888-203-1112 (from within the U.S.) or +1-719-457-0820 (from outside of the U.S.); please reference access code “4493908.”

About Eurocastle

Eurocastle Investment Limited primarily owns and invests in German commercial real estate. The Company is Euro dominated and currently listed on Euronext Amsterdam under the symbol “ECT”. Eurocaste’s objective is to payout stable and growing dividends and to deliver attractive risk-adjusted returns. Eurocastle is managed by an affiliate of Fortress Investment Group LLC, a global alternative asset management firm with over $30 billion in assets under management as of December 31, 2006. For more information regarding Eurocastle Investment Limited and to be added to our email distribution list, please visit www.eurocastleinv.com.

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

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