[For Translation Purposes Only]
February 19, 2019

For Immediate Release
To Whom It May Concern
Nomura Real Estate Master Fund, Inc.
Securities Code: 3462
Shuhei Yoshida, Executive Director
Asset Management Company:
Nomura Real Estate Asset Management Co., Ltd.
Norio Ambe, President & Chief Executive Officer
Inquiries:
Ken Okada
Director and Managing Executive Officer
TEL. +81-3-3365-8767 nmf3462@nomura-re.co.jp

Notice Concerning Extension of Termination Date of Commitment Line Agreement
Nomura Real Estate Master Fund, Inc. (“Nomura Master Fund” or “NMF” or the “Fund”) announced
today its decision to extend the termination date of its commitment line agreement, originally disclosed in thepress release entitled, “Notice Concerning Conclusion of Commitment Line Agreement” on March 24, 2016.
Details are as follows.

1. Extension of the termination date of the commitment line agreement
Current commitment termination date
Extended commitment termination date

2. Commitment Line Agreement: March 30, 2021
: March 30, 2022

1.

Lender: MUFG Bank, Ltd., Sumitomo Mitsui Banking Corporation

2.

Amount: ¥10 billion in total

3.

Date of Contract: March 24, 2016

4.

Commitment Commencement Date: March 31, 2016

5.

Commitment Termination Date

: March 30, 2021 (Current)(Note)

6.

Collateral: Unsecured, unguaranteed

7.

Use of Funds: Payment for the acquisition of real estate, trust beneficial rights andrelated miscellaneous expenses, repayment for debts andinvestment corporation bonds, and return of deposits(Note) The original termination date of the commitment line agreement has been extended as disclosed in the press releases
entitled, “Notice Concerning Extension of Termination Date of Commitment Line Agreement” dated February 21, 2017
and February 21, 2018.

3. OtherNo significant change has been made to the content of “Section 1 Fund Information / 1 Status of
Note: This press release is a public announcement concerning the extension of termination date of commitment line agreement and has
not been prepared for an inducement or invitation for investment. This press release should not be construed as an offer orsolicitation of an offer to purchase any investment units or other investment of NMF. Prospective investors are advised to make any
investment decisions at their own risk and responsibility.

1Fund / 3 Investment Risks” of the Securities Report (in Japanese) filed on November 29, 2018 and“Section 2 Reference Information / 2 Supplement Information / 8 Investment Risks” of the Securities
Registration Statement (in Japanese) filed on February 7, 2019, due to the Extension of Termination Dateof Commitment Line Agreement.
Besides from the commitment line stated above, the Fund has established a commitment line (Note) withthe maximum amount of ¥40 billion. Together with the commitment line, the total maximum amountbecomes ¥50 billion.
(Note) For the details of the commitment line, please refer to the “Notice Concerning Conclusion of Commitment LineAgreement” released on May 29, 2018.

*<Nomura Real Estate Master Fund, Inc.> URL: https://www.nre-mf.co.jp/en/

Note: This press release is a public announcement concerning the extension of termination date of commitment line agreement and has
not been prepared for an inducement or invitation for investment. This press release should not be construed as an offer orsolicitation of an offer to purchase any investment units or other investment of NMF. Prospective investors are advised to make any
investment decisions at their own risk and responsibility.

2