16 November 2015

KENNEDY WILSON EUROPE REAL ESTATE PLC

("KWE", the "Company")

DIRECTOR/PDMR SHAREHOLDING

Kennedy Wilson Europe Real Estate Plc (LSE: KWE), an LSE listed property company that invests in direct real estate and real estate loans in Europe, was today notified that, in accordance with DTR 3.1.2R, Mary Ricks purchased 20,000 ordinary shares of no par value in the Company ('Ordinary Shares') on 13 November 2015 at an average price of £11.75 pence per Ordinary Share.

Following this purchase, Mary Ricks is interested in 120,916 Ordinary Shares representing 0.09 per cent of the issued Ordinary Share capital of the Company.

-Ends-

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