28 April 2016

PUBLICATION OF ANNUAL REPORT 2015

London, 28 April 2016 - AFI Development Plc ("AFI Development" or "the Company") has today published its IFRS annual report for FY 2015. The document contains a comprehensive management report, responsibility statements, audited financial statements and other relevant information.

The full report is available for download on the Company's website athttp://www.afi-development.com/en/investor-relations/reports-presentations.

A copy of the report has also been submitted to the FCA's National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.

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