TIDMREOP TIDMREO

RNS Number : 0482G

REO Securities Limited

05 May 2011

REO Securities Limited

Meeting of ZDP Holders

The Board of REO Securities Limited ("REOS" or the "Company") is pleased to announce that the resolution put to ZDP Holders at the meeting held earlier today was passed, with proxies having been received in advance of the meeting amounting to 38,966,940 ZDP Shares in favour of the resolution and 39,719 ZDP Shares against.

The passing of this resolution, together with the passing of resolutions put to the Ordinary Shareholders and CULS Holders of Real Estate Opportunities plc ("REO") at meetings held earlier today, will facilitate the restructuring of REO, details of which can be found in the circular to ZDP Holders dated 11 April 2011.

Ray Horney, Chairman, commented

"The successful outcome of this meeting demonstrates the support of the ZDP Holders in the implementation of REO's restructuring. On behalf of the Board, I would like to thank them for this support and we look forward to the future success of the Company."

Enquiries:

REO Securities Limited

Ray Horney, Chairman

Tel: +44 (0)1273 775 225

Matrix Corporate Capital

Paul Fincham/ Jonathan Becher

Tel: +44 (0)20 3206 7000

Goodbody Stockbrokers

Linda Hickey, Corporate Broking

Tel: +353 1 641 6017

Finsbury

Gordon Simpson/ Arif Shah

Tel: +44 (0)207 251 3801

Murray Consultants

Ed Micheau

Tel: +353 1 498 0300

This information is provided by RNS

The company news service from the London Stock Exchange

END

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