Andrew Reeves Property Ventures 1 - 5 PLC

Compliance Statement

This information is important and requires your immediate attention.

If you are in any doubt as to the contents of this document or the action that you should take, you should immediately consult your stockbroker, bank manager, solicitor, accountant, or other independent professional adviser authorised under the Financial Services and Markets Act 2000 ("the FSMA") who specialises in advising on the acquisition of shares and other securities.

The Directors of the Companies, whose names and profile appear here, accept responsibility for the information contained in this document is in accordance with the facts and there is no omission likely to affect the import of such information. This document is a financial promotion in accordance with the FSMA. It is not a prospectus as it is deemed that it does not constitute an offer to the public by reason of the exemption set out in section 7(2)(i) of the Public Offers and Securities Regulations 1995, namely that the minimum investment is not less than €40,000.

All the Companies' advisers named in this document are acting for Andrew Reeves Property Ventures 1 -5 PLC in connection with the arrangements proposed in this document and no one else. Such advisers will not be responsible to anyone other than Andrew Reeves Property Ventures 1 - 5 PLC for providing the protection afforded to clients or customers of such advisers or providing advice in relation to the Offers.

No application is being made for admission of the shares to an investment exchange. It may be difficult to (a) sell or realise the investment and (b) obtain reliable information about its value of the extent of the risks to which if is exposed.

Potential investors should be aware that the value of investments may rise or fall and that the price which investors may realise for any investment, if and when they are able to do so, may be considerably less than the original amount invested by them.