Ellenbrook Developments PLC Bondholder short meeting notice (8765L)

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RNS Number : 8765L

Ellenbrook Developments PLC

04 May 2020

ELLENBROOK DEVELOPMENTS PLC (the "Issuer")

(Incorporated with limited liability in England and Wales under company number 4318115)

NOTICE

to the holders of those of the outstanding

GBP59,965,000 3.3894 per cent. Index-Linked Guaranteed Secured Bonds due 2032 (the "Bonds") constituted by a Bond Trust Deed dated 6 February 2002

(the "Bond Trust Deed")

unconditionally and irrevocably guaranteed as to scheduled payments of

principal and interest (adjusted for indexation in accordance with the Conditions) pursuant to a financial guaranty insurance policy issued by

FINANCIAL SECURITY ASSURANCE (U.K.) LIMITED ("FSA")

(Incorporated with limited liability in England and Wales under company number 2510099)

We refer to our previous notice of 8(th) April 2020 inviting holders of the above Bonds ("Bondholders") to the annual meeting of Bondholders on Thursday, 7th May 2020 at 12.00pm (the "Meeting"). Bondholders will not be able to attend the meeting physically due to the Covid19 restrictions in place and should not attempt to attend the venue. The Meeting will now be by call and Citi Bank N.A. will provide instructions for the call to any Bondholder who informs Clearstream, Luxembourg or Euroclear they wish to join the call in accordance with the following paragraph.

Any holder who wishes to join the call must inform Clearstream, Luxembourg or Euroclear, as applicable, not less than 48 hours before the time appointed for the holding of the Meeting and, within the relevant time limit specified by Clearstream, Luxembourg or Euroclear, as the case may be, request the relevant clearing system to block the Bonds in the account of the holder and to hold the same to order and under the control of the Trustee. Any Bonds so blocked will be released to the holder by the relevant clearing system at the conclusion of the Meeting.

The Paying Agent with respect to the Bonds is as follows:

Citibank N.A.

21st Floor, Citigroup Centre

Canada Square

Canary Wharf

London

E14 5LB

ISIN Code XS0142734416

This Notice is given by:

Ellenbrook Developments plc

8 White Oak Square

Swanley

Kent, BR8 7AG

J Falero (Director)

4 May 2020

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May 04, 2020 12:15 ET (16:15 GMT)