Contact: International Administration Group (Guernsey) Limited Company Administrator Attn: Mark Woodall Tel: +44 1481 723450
Eurocastle Announces PDMR Dealing Notification
Guernsey, 26 June 2018 - Further to the announcement of 21 June 2018 and by reference to its obligations under Article 19 of EU Regulation 596/2014, Eurocastle Investment Limited ("Eurocastle" or the "Company") is making public the following details of those dealings in its shares by persons discharging managerial responsibilities:
| Name of the PDMR | Financial Instrument | Nature of Transaction | Date and place of transaction | Volume and price of transaction |
| Dr. Simon John Thornton | Ordinary Shares | Acquisition for nil consideration as part of compensation arrangements | 21 June 2018, Guernsey | 1,000 shares Nil consideration |
| Mrs. Claire Elizabeth Ann Whittet | Ordinary Shares | Acquisition for nil consideration as part of compensation arrangements | 21 June 2018, Guernsey | 1,000 shares Nil consideration |
| Mr. Jason de Beauvoir Sherwill (via Forein Limited, Closely Associated Person) | Ordinary Shares | Acquisition for nil consideration as part of compensation arrangements | 21 June 2018, Guernsey | 1,000 shares Nil consideration |
ABOUT EUROCASTLE Eurocastle Investment Limited is a publicly traded closed-ended investment company that focuses on investing in performing and non-performing loans and other real estate related assets primarily in Italy. The Company is Euro denominated and is listed on Euronext Amsterdam under the symbol "ECT". Eurocastle is managed by an affiliate of Fortress Investment Group LLC, a leading global investment manager. For more information regarding Eurocastle Investment Limited and to be added to our email distribution list, please visit www.eurocastleinv.com .