Fairfax I.S. PLC has acted as Placing Agent and Joint Financial Adviser to Japan Residential Investment Company Limited (“JRIC”) in relation to a £35 million capital raising (the “Capital Raising”) through the issue of 87,500,000 new ordinary shares of 40p each through a placing and open offer and firm placing. 77,659,419 shares have been placed firm with institutional and other investors and 9,840,581 shares which are available under the open offer have been conditionally placed with investors and are subject to claw-back. The Capital Raising is conditional, inter alia, on shareholder approval being obtained at the EGM to be held on 18 June 2010.

The Circular is available from http://www.jricl.com/