28 April 2015

Starwood European Real Estate Finance Limited: Dividend Declaration - Correction

This announcement relates to the Dividend Declaration announcement released to the market at 7.00am on 28 April 2015 correcting an error relating to the ex-dividend date and record date. The correct dates are as follows:

Starwood European Real Estate Finance Limited (the "Company") has declared a dividend in respect of the period from 1 January 2015 to 31 March 2015 of 1.75 pence per Share, payable on 29 May 2015 to Shareholders on the register on 8 May 2015. The ex-dividend date will be 7 May 2015.

For further information, please contact:

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