17 February 2016

KENNEDY WILSON EUROPE REAL ESTATE PLC

("KWE", the "Company")

Notification of Home Member State

Kennedy Wilson Europe Real Estate Plc (LSE: KWE) announces that, following changes made to the Disclosure Rules and Transparency Rules ("DTR") as a result of the Transparency Directive Amending Directive (2013/50/EU), the Company is required to disclose its home state.

Accordingly, in accordance with DTR 6.4.2, the Company announces that its Home State is the United Kingdom.