20 January 2014

Japan Residential Investment Company Limited

(the "Company")

Portfolio Occupancy

Japan Residential Investment Company Limited (AIM: JRIC) is a closed-ended Guernsey registered company established to make and hold investments in residential property in Japan. The Company, its subsidiaries and entities in which it has a beneficial interest are referred to collectively as the "Fund".
On 31 December 2013, the Fund portfolio occupancy rate was 95.1%. Average occupancy for the
12 months ended 31 December 2013 increased to 95.5% from 95.3% for the 12 months ended 31
December 2012.
Enquiries

KK Halifax Management Limited

Manager
Edward Barrow +65 6593 8904

KK Halifax Asset Management

Investment Adviser
Alec Menikoff +81 (0)3 5563 8771

Smith & Williamson Corporate Finance Limited

Nominated Adviser
Azhic Basirov
David Jones
+44 (0)20 7131 4000

Liberum Capital Limited

Joint Broker
Richard Bootle +44 (0)20 3100 2222

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