BC12.L Regulatory News (BC12)

Better Capital PCC Limited 2009 Cell

14 January 2016

Distribution of Capital

Further to Better Capital PCC Limited's (the "Company") announcement on 2 December 2015 following the disposal of Santia Holdco Limited, the General Partner of BECAP Fund LP has authorised a £35.3 million repayment to the Company's 2009 Cell. Having considered the working capital requirements of the 2009 Cell, the directors of the Company are pleased to confirm a third distribution of capital of 17.0 pence per ordinary share to all shareholders of the 2009 Cell. In line with the previous distributions, this distribution of £35.2 million will be treated by the Company as a reduction of share capital paid out of monies attributed to the "share capital account".

The three capital distributions (reductions of share capital) announced to date for the 2009 Cell total £61.6 million, c. 29.3 per cent. of funds raised.

Details of the distribution are as follows:

· Ex-date 21 January 2016

· Record date 22 January 2016

· Paid date 29 January 2016

For further information, please contact:

Better Capital PCC Limited

Laurence McNairn (Administrator and Company Secretary) +44 (0)1481 716 000

Better Capital LLP

Bonnie Kraus (Investor Relations) +44 (0)20 7440 0840

Powerscourt  

Justin Griffiths +44 (0) 20 7250 1446

Numis Securities Limited

Nathan Brown +44 (0)20 7260 1000