EI Group Regulatory News (EIG)

ENTERPRISE INNS PLC

ANNOUNCES NEW ISSUE COUPON FOLLOWING CASH TENDER OFFER

NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR IN OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS DOCUMENT.

31 October 2016. Further to its announcement on 28 October 2016, Enterprise Inns plc (the Offeror) announces the coupon for the New Bonds (the New Issue Coupon) in connection with its invitation (such invitation, the Offer) to holders of its outstanding £600,000,000 6.50 per cent. Secured Bonds due 2018 (£250,000,000 of which were issued on 6 March 2003 and a further £350,000,000 of which were issued on 28 October 2003 consolidated to form a single series with the original issue) (the Bonds) to tender their Bonds for purchase by the Offeror for cash. As at the date of the announcement of the launch of the Offer, £350,479,000 in nominal amount of the Bonds remained outstanding.

The Offer was announced on 24 October 2016 and was made on the terms and subject to the conditions contained in the tender offer memorandum dated 24 October 2016 (the Tender Offer Memorandum) prepared by the Offeror in connection with the Offer, and is subject to the offer and distribution restrictions set out below and as more fully described in the Tender Offer Memorandum. Capitalised terms used but not otherwise defined in this announcement shall have the meaning given to them in the Tender Offer Memorandum.

The Expiration Deadline for the Offer was 4.00 p.m. (London time) on 28 October 2016.

New Issue Coupon

The Offeror has determined that the New Issue Coupon will be 6.375 per cent. per annum, payable semi-annually in arrear.

New Bonds

In addition, the Offeror announces that it has decided to issue £250,000,000 in aggregate nominal amount of New Bonds. The New Bonds will be issued at an issue price of 100 per cent. of their principal amount.

BNP Paribas and Lloyds Bank plc are acting as Dealer Managers for the Offer and Deutsche Bank AG, London Branch is acting as Tender Agent.

THE TENDER AGENT

Deutsche Bank AG, London Branch

Winchester House

1 Great Winchester Street

London EC2N 2DB

Telephone: +44 20 7547 5000

Attention: Global Securities Services - Corporate Trust

Email: xchange.offer@db.com

DISCLAIMER This announcement must be read in conjunction with the Tender Offer Memorandum. No offer or invitation to acquire any securities is being made pursuant to this announcement. The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this announcement and/or the Tender Offer Memorandum comes are required by each of the Offeror, the Dealer Managers and the Tender Agent to inform themselves about, and to observe, any such restrictions.

The New Bonds are not being, and will not be, offered or sold in the United States. Nothing in this announcement constitutes an offer to sell or the solicitation of an offer to buy the New Bonds in the United States or any other jurisdiction. Securities may not be offered, sold or delivered in the United States absent registration under, or an exemption from the registration requirements of, the United States Securities Act of 1933, as amended (the Securities Act). The New Bonds have not been, and will not be, registered under the Securities Act or the securities laws of any state or other jurisdiction of the United States and may not be offered, sold or delivered, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. Persons. No action has been or will be taken in any jurisdiction in relation to the New Bonds to permit a public offering of securities.