Eurocastle Announces Availability of Annual Report

Released: 09/05/2007

Guernsey. 9 May 2007 – Eurocastle Investment Limited ("Eurocastle") (Euronext Amsterdam: ECT) announces that its 2006 annual report and year-end financials are now available for inspection on the investor relations section of Eurocastle's website (www.eurocastleinv.com), at the offices of the Company's paying agent in the Netherlands (call ABN AMRO Service desk at + 31 7657 99455) and at its registered office Monday through Friday (excluding any public holiday) during normal business hours. The Company's registered office is located at:

Regency Court
Glategny Esplanade
St Peter Port
Guernsey

Eurocastle will hold its Annual General Meeting on Tuesday, 5 June 2007, at the Company's registered office at 11:00 AM. Notices and proxy statements have been mailed out to all shareholders on record as of 2 May 2007.