For Translation Purposes Only
June 17, 2013
For Immediate Release
Nomura Real Estate Master Fund, Inc.
Takashi Kataoka, Executive Director(Securities Code: 3285)
Asset Management Company:
Nomura Real Estate Asset Management Co., Ltd.
Yasuaki Fukui, President and Chief Executive Officer
Inquiries: Takashi Kataoka, NMF Chief Investment Officer
TEL: +81-3-3365-8767
EMAIL: nmf3285@nomura-re.co.jp

Notice Concerning Results of the Issue ofNew Investment Units Through Third-Party Allotment
Nomura Real Estate Master Fund, Inc. (“Nomura Master Fund” or the “Fund”) announced today that,
although the issue of new investment units (third-party allotment) was decided simultaneously with primaryoffering (domestic primary offering and international offering) and secondary offering (over-allotment) at theBoard of Directors meetings held on May 9, 2013 and June 3, 2013, Nomura Master Fund has received anotice from Nomura Securities Co., Ltd., the allottee, that it will not apply for all of the investment units
scheduled to be issued by the application date (July 8, 2013).
As a result, the Fund announces that no new investment units (third-party allotment) will be issued. Includingthe investment units issued in the recent primary offering and secondary offering, the total number ofinvestment units outstanding as of today is 1,665,260 units.
In addition, the Fund will make revisions to its forecasts of the financial results and distributions due to thechanges in the assumptions for the forecast of the financial results of “Notice Concerning Forecast ofFinancial Results for the Fiscal Period Ending August 31, 2013 and Fiscal Period Ending February 28, 2014”
announced on June 12, 2013. For details, please refer to “Notice Concerning Revision of Forecasts ofFinancial Results and Distributions for the Fiscal Period Ending August 31, 2013 and Fiscal Period Ending
February 28, 2014” announced today.
<Reference>
Summary of issue of new investment units (third-party allotment) announced in the press releases dated May 9,2013 and June 3, 2013
(1) Total number of units to be issued
87,540 units(2) Issue price

96,750 yen per unit

(3) Total amount of issue price(4) Application period (application date)(5) Payment date(6) Allottee

8,469,495,000 yen
July 8, 2013 (Monday)
July 9, 2013 (Tuesday)
Nomura Securities Co., Ltd.

*Nomura Real Estate Master Fund, Inc. URL: http://www.nre-mf.co.jp/english/

Note:

This press release is a public announcement regarding the results of the issue of new investment units through third -party allotment, and has
not been prepared as an inducement or invitation for investment. In addition, this press release does not constitute an offer of securities forsale in the U.S. Securities may not be offered or sold in the U.S. without registration of the securities or gaining an exemp tion from registrationof securities under the U.S. Securities Act of 1933. Any public offering of securities to be conducted in the U.S. will be made by m eans of an
English prospectus prepared in accordance with the U.S. Securities Act of 1933 that may be obtained from the issuer of the securities or holderof the securities. The prospectus will contain detailed information about the issuer and its management, as well as its financial statements.

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