JAPAN RES INV CO : Dividend Declaration

NEWS RELEASE

Japan Residential Inv. Co. Ltd

25 April 2008

Japan Residential Investment Company Limited ("the Company")

DIVIDEND DECLARATION

Dividend Declaration

In the Company's results for the period ended 30 November 2007 announced on
31 March 2008, the Board of Directors of JRIC declared an interim dividend of 1.5 pence per ordinary share.

Details of the dividend timetable are set out below:

Announcement Date:	25 April 2008
Ex-dividend Date:	7 May 2008
Record Date:	9 May 2008
Payment Date:	30 June 2008

Enquiries:
K.K. Halifax Asset Management	Fairfax I.S. PLC	Smith & Williamson Corporate Finance Limited
Alec Menikoff	John Korwin-Szymanowski	Azhic Basirov
[phone]	[phone]	[phone]