Nanette Real Estate Group N.V.

Notice of AGM

Nanette Real Estate Group N.V. ("Nanette" or the "Group") is pleased to announce that it is convening an AGM, which will be held at Rapenburgerstraat 204, 1011MN Amsterdam, the Netherlands, on the 30th of May 2008 at 12:00 am.

The AGM will propose the following resolutions: 

• Approval of an extension of the period for compilation of the 2007 statutory accounts of the Company as required under Dutch law by a six (6) months' period, in accordance with Article 25.2 of the Articles;

• Approval of the appointment of Mr. David Dekel as a non-executive member of the Board. 

The Board of Management has determined that those who are registered on 25th May 2008, after the processing of settlements on that date ("Record Date"), in the shareholders register of the Company and who have given notice up to the Record Date of their wish to attend the meeting and holders of depository interests registered at the Record Date who have given Computershare Company Nominees Limited notice of their wish to attend the meeting up to the Record Date, in accordance with the following, will have the right to attend the General Meeting.

Copies of the circular to shareholders containing the notice of the meeting and the proposal for the amendment of the Company's articles of association may be inspected by the shareholders (and copies may be obtained free of charge) during normal working hours at the office of Nanette, with address: Rapenburgerstraat 204, 1011MN Amsterdam, the Netherlands, telephone number +31 20 778 4141. 

15 May 2008

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