Notice of Q3 NAV Announcement and Trading Update

22 November 2011

DOLPHIN CAPITAL INVESTORS LIMITED

Notice of Q3 2011 NAV Announcement and Trading Update

Dolphin Capital Investors Limited, a leading global investor in the residential resort sector in emerging markets and the largest real estate investment company listed on AIM by net asset value (NAV), will announce its NAV for Q3 2011 and provide a Trading Update on Tuesday, 6 December 2011.

For further information, please contact:

Dolphin Capital Partners

Miltos E. Kambourides                                               [email protected]

Pierre A. Charalambides                                             [email protected]

Katerina G. Katopis                                                     [email protected]

Eleni Florou                                                                 [email protected]

FTI Consulting                                                                  Tel: +44 (0)20 7831 3113

[email protected]

Stephanie Highett / Will Henderson / Olivia Goodall