Cityfibre Regulatory News (CITY)

CITYFIBRE INFRASTRUCTURE HOLDINGS PLC

('CityFibre' or the 'Group' or the 'Company')

Kingston-upon-Hull project update

CityFibre accelerates pace of commercialisation of Hull CORE network with wireless ISP Connexin

CityFibre (AIM: CFHL), a leading designer, builder, owner, and operator of fibre optic infrastructure in UK towns and cities, is pleased to announce a new contract with Kingston-upon-Hull-based wireless broadband provider Connexin.

Under the 10-year deal, CityFibre will extend its existing and planned fibre infrastructure in Kingston-upon-Hull to 19 Connexin wireless hub sites, at a total contract value (TCV) of £0.6m. Combined with the previously announced contract with local ISP Purebroadband, this brings incremental TCV added on top of the Hull network anchor contract to nearly 40%.

CityFibre's Hull CORE network deployment, announced in November 2014, is designed to bring future-proof, resilient dark fibre connectivity to a significant number of cell sites operated by MBNL on behalf of national mobile operators EE and Three UK. The project is the first to be undertaken under the national framework agreement between CityFibre and EE, Three UK and MBNL. The initial deployment in Hull is now two-thirds complete, already bringing significant network performance improvements to EE and Three UK subscribers.

John Pulley, Head of City Sales at CityFibre, commented:

"We're delighted to welcome Connexin aboard as a service provider partner on our Hull CORE network. This latest deal demonstrates the strong pent-up demand for alternative connectivity solutions in Hull and illustrates our ability to add significant amounts of high-return incremental business on network assets, even whilst still in construction. It is extremely gratifying to have already added nearly 40% TCV over and above the anchor contract, while the network is still in construction. This represents a faster pace of commercialization than we have previously witnessed in other markets, and it's a great validation of the transformational impact that CityFibre's presence can have on a city's connectivity market."

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About CityFibre:

CityFibre enables gigabit connectivity through designing, building, owning, and operating fibre optic network infrastructure. It is the largest independent provider of fibre infrastructure to mid-sized cities and major towns across the UK, providing gigabit-capable infrastructure for enterprise and public sector organisations, service providers, mobile network operators and businesses.

The Group owns and operates 543 route kilometres of local access networks serving 885 customer locations in 61 towns and cities in the UK, including York, Coventry, Peterborough, Huddersfield, Hull, Sheffield, Newcastle, Dundee, Bath, Derby and Doncaster.

To date the Company has launched five Gigabit City projects in York, Peterborough, Coventry, Aberdeen, and Edinburgh, where city-wide pure fibre networks known as 'COREs' bring world-class Internet connectivity and the benefits of gigabit speeds to every aspect of the city's community. The CityFibre COREs are deployed using the Company's Well Planned City (WPC) design philosophy, in which its city-wide core fibre infrastructure is designed with thousand-strand fibre cables in dual ducts optimally routed to serve the present and future demand of the public sector, mobile base stations, business park estates, and ultimately designed to serve as feeder and distribution network for Fibre-to-the- Home deployments.

CityFibre is also a proud member of a joint venture with TalkTalk and Sky. Established in early 2014, the collaboration aims to prove the viability of gigabit speed Fibre-to-the-Premises (FTTP) networks and services for homes and businesses. Work is currently underway to connect tens of thousands of homes and businesses in York to a future-proof FTTP modern digital infrastructure.

CityFibre is based in London, United Kingdom, and its shares trade on the AIM Market of the London Stock Exchange (AIM: CFHL).

To find out more, please visit: www.cityfibre.com