08 May 2015

Starwood European Real Estate Finance Limited

(the "Company")

Director Declaration

In compliance with Listing Rule 9.6.14, the Company announces that Mr Johnathan Whittle, a non-executive director, has informed the Company that he has been appointed as a non-executive director to Toro Limited, a Company which was admitted with effect from 8.00 a.m. on 8 May 2015 to the Official List of the UK Listing Authority and to trading on the Specialist Fund Market of the London Stock Exchange. Toro Limited was also a admitted to the Official List of the Channel Islands Securities Exchange Authority Limited with effect from 08 May 2015.

Enquiries:

Ipes (Guernsey) Limited

Gillian Newton

T: +44 1481 735869       

Notes:

Starwood European Real Estate Finance is an investment company listed on the main market of the London Stock Exchange with an investment objective to provide Shareholders with regular dividends and an attractive total return while limiting downside risk, through the origination, execution, acquisition and servicing of a diversified portfolio of real estate debt investments in the UK and Continental European markets. www.starwoodeuropeanfinance.com