CORRECTION OF RNS NUMBER 4034M

CORRECTION OF TEXT ON HIGHEST AND LOWEST PRICE PAID

Please note that the highest and lowest price paid by the Company on 12th October was incorrectly stated in announcement RNS 4034M. For the avoidance of doubt, the highest price paid per share was 1006 pence and the lowest price paid per share was 995 pence.

The corrected full text of the announcement is set out below.

KENNEDY WILSON EUROPE REAL ESTATE PLC

Transaction in own shares

Kennedy Wilson Europe Real Estate Plc('KWE', the 'Company') announces that it has purchased the following number of its ordinary sharesof no par value each (the 'Ordinary Shares') on the London Stock Exchange from J&E Davy as part of its buyback programme announcedon 28 September 2016:

Date of purchase:

12 October 2016

Number of Ordinary Shares purchased:

274,020

Highest price paid per share (pence):

1006

Lowest price paid per share (pence):

995

Volume weighted average price paid per share (pence):

997.6202

The Company intends to cancel these Ordinary Shares.

Following the above transaction, the Company will have 134,301,818Ordinary Shares in issue. Therefore, the total number of voting rights in KWE is 134,301,818. This is the figure which should be used by shareholders of the Company as the denominator when determining if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Company's articles of association and the FCA's Disclosure Guidance and Transparency Rules. The Company holds no Ordinary Shares in treasury.

Detailed information about the purchases made by J&E Davy on behalf of the Company as part of the buyback programme is attached to this announcement.

http://www.rns-pdf.londonstockexchange.com/rns/4592M_-2016-10-13.pdf

This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.

-Ends-

For further information, please contact:

Kennedy Wilson Europe Real Estate plc published this content on 13 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 October 2016 08:24:06 UTC.

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