NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

For immediate release             

26 April 2017

Kennedy Wilson Europe Real Estate plc ("KWE") - Q1 2017 quarterly dividend

Further to the announcement of 24 April 2017 relating to a recommended all-share combination transaction of KWE and Kennedy-Wilson Holdings, Inc., KWE confirms for clarification purposes that the proposed record date for its Q1 2017 quarterly dividend is 12 May 2017, and the proposed ex-dividend date is 11 May 2017. KWE will in due course announce the formal declaration of its Q1 2017 quarterly dividend in accordance with the above and the London Stock Exchange's dividend procedure timetable.

Enquiries:

Dido Laurimore, FTI Consulting

+44 (0) 20 3727 1000