EJF Investments : Corporate Update

FO R IM	M	ED IAT EREL EAS E
N O T FO	R REL EAS E,P U BL ICAT IO N O R DIS T RIBU T IO N ,IN W H O L E O R IN P ART ,DIRECT L Y O	R IN DIRECT L Y,IN O R IN T O
O R FRO M	T HE U N IT ED S T AT ES ,AN Y M EM BER S T AT E O F T HE EU RO P EAN ECO N O M IC	AREA (O T HER	T HAN	T HE
U N IT ED KIN GDO M ),AU S T RAL IA,CAN ADA,S O U T H AFRICA O R AN Y O T HER JU RIS DICT IO N	W HERE IT IS	U N L AW	FU L
T O DO	S O .
			1 M ay 2019

EJFInvestm entsL td

CorporateU pdate

Aspreviously com m unicated,EJF CapitalL L C ("EJF"),through itsow nership ofEJF Investm entsM anager L L C (the "Investm ent M anager"),currently absorbs100% ofthe recurring operating expensesofEJF Investm entsL td (the "Com pany"),aside from m anagem entand incentive fees. T hisarrangem entisdue toexpirenoearlierthan1 July 2019.

T he Board ofthe Com pany ispleased to announce tha w ith effect from 1 July 2019,EJF hasagreed to absorb 90% oftheCom pany'srecurringoperatingexpenses,asidefrom m anagem entand incentivefees, through to no earlierthan 1 January 2020. T hisarrangem ent dem onstratesthe Investm ent M anager's andEJF'songoingcom m itm entto,andalignm entw ith,theCom pany.

EN Q U IR IES

FortheInvestm entM anager EJF Investm entsM anagerL L C

P eterS tage/Ham m adKhan/M attGill

pstage@ ejfcap.com /hkhan@ ejfcap.com /m gil@ ejfcap.com [phone] /[phone] /[phone]

FortheCom pany S ecretary and Adm inistrator

BN P P aribasS ecuritiesS ervicesS .C.A Jersey Branch jersey.bp2s.ejf.cosec@ bnpparibas.com

[phone]/[phone]

FortheBroker

Num isS ecuritiesL im ited DavidL uck

d.luck@ num is.com [phone]

AboutEJFInvestm entsL td

EJFIisaregistered closed-ended lim ited liability com pany incorporated in Jersey underthe Com panies(Jersey)L aw 1991,asam ended,on 20 O ctober2016 w ith registered num ber122353.T he Com pany isregulated by the Jersey FinancialS ervicesCom m ission (the "JFS C").T he JFS C isprotected by both the Collective Investm entFunds(Jersey) L aw 1988 and theFinancialS ervices(Jersey)L aw 1998,asam ended,againstliability arisingfrom thedischargeofits functionsundersuchlaw s.

T heJFS C hasnotreview edorapprovedthisannouncem ent.

L EI:549300XZYEQ CL A1ZAT 25

Investorinform ation& w arnings

T helatestavailableinform ationontheCom pany canbeaccessedviaitsw ebsiteaw w w .ejfi.com .

T hiscom m unication hasbeen issued by,and isthe sole responsibility of,the Com pany and isforinform ation purposesonly.Itisnot,andisnotintendedtobeaninvitaion,inducem ent,offerorsolicitationtodealintheshares oftheCom pany.T hepriceand value ofsharesin theCom pany and theincom efrom them m ay go dow n asw ellas up andinvestorsm ay notgetbackthefullam ountinvested on disposalofsharesin theCom pany.Aninvestm enti theCom panyshouldbeconsideredonlyaspartofabalancedportfolioofw hichitshouldnotform adisproportionate part.P rospective investorsare advised to seek expert legal,financial,tax and otherprofessionaladvice before m akingany investm entdecision.