TIDMIRSH

Escher Marwick PLC

27 November 2020

COMPANY ANNOUNCEMENT

Escher Marwick Plc (the "Issuer")

Notice to holders of:

Escher Marwick Plc 2016-CI8 GBP Secured 8.50% NTS due 2021 ISIN GB00BDH37892 (together, the "2016-CI8 Notes")

The 2016-CI8 Notes are admitted to the official list of the Frankfurt Stock Exchange and the Global Exchange Market of Euronext Dublin.

This announcement is made by the Issuer pursuant to Regulation (EU) No. 596/2014 (the "Market Abuse Regulation") and Regulation (EU) 2016/1055 (the "Implementing Technical Standards") relating thereto.

Capitalised terms used but not defined herein have the meaning given to them in the terms and conditions of the 2016-CI8 Notes as set out in the Supplemental Trust Deed dated 14 November 2016 relating to the 2016-CI8 Notes.

The Issuer is pleased to announce that the Shortfall which was announced on 17 November 2020 has now been recovered. The Issuer has received a written confirmation from the Paying Agent that, as part of the usual twice-yearly income payment commitment, the remaining funds were remitted to legal holders on 27 November 2020.

Notes to editors

Bedford Row Capital plc acted as lead manager for the Issuer.

About Bedford Row Capital plc

Bedford Row Capital plc is a specialist lead manager for asset-backed securities.

info@bedfordrowcapital.com

+44 (0) 115 905 2865

www.bedfordrowcapital.com

About the Issuer

info@eschermarwick.com

+44 (0)207 030 4970

www.eschermarwick.com

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(END) Dow Jones Newswires

November 27, 2020 09:39 ET (14:39 GMT)