23 March 2017

KENNEDY WILSON EUROPE REAL ESTATE PLC

("KWE", the "Company")

Annual Report and Accounts and Notice of Annual General Meeting

The Company announces that the following documents have today been posted or otherwise made available to shareholders:

·     Annual Report and Accounts for the year ended 31 December 2016;

·     Notice of 2017 Annual General Meeting; and

·     Form of Proxy for the 2017 Annual General Meeting.

The above documents have been uploaded to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.

The Annual Report and Accounts 2016 and Notice of 2017 Annual General Meeting are also available on the Company's website at www.kennedywilson.eu.

The announcement released on 24 February 2017 by the Company regarding the audited results for the year ended 31 December 2016 includes the information required by DTR 6.3.5 to be communicated to the media in unedited full text through a Regulatory Information Service.

The Company's 2017 Annual General Meeting will be held at 10:00 a.m. on Wednesday, 26 April 2017 at the offices of Allen & Overy LLP, One Bishops Square, London, E1 6AD.

-Ends-

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About Kennedy Wilson Europe

Kennedy Wilson Europe Real Estate Plc is an LSE listed property company that invests in real estate across the UK, Ireland, Spain and Italy. It aims to generate superior shareholder returns by unlocking value of under-resourced real estate across its target geographies. Its existing portfolio is primarily invested across office and retail in the UK and Ireland, weighted towards London, the South East and Dublin. For further information on Kennedy Wilson Europe Real Estate Plc, please visit www.kennedywilson.eu

About Kennedy Wilson

Kennedy Wilson Europe Real Estate Plc is externally managed by a wholly-owned Jersey incorporated subsidiary of Kennedy-Wilson Holdings, Inc.

Kennedy-Wilson Holdings, Inc. (NYSE:KW) is a global real estate investment company.  KW owns, operates, and invests in real estate both on its own and through its investment management platform.  KW focuses on multifamily and commercial properties located in the Western U.S., UK, Ireland, Spain, Italy and Japan. To complement KW's investment business, it also provides real estate services primarily to financial services clients. For further information on Kennedy Wilson, please visit www.kennedywilson.com