International Public Partnerships Regulatory News (INPP)

22 June 2012

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR PUBLICATION, RELEASE, OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN, OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL OR TO U.S. PERSONS. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION INCLUDING IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA.

This Announcement is for information purposes only and does not constitute an invitation or inducement to subscribe for or otherwise acquire or dispose of securities in the Company (defined below) in any jurisdiction. The information contained in this Announcement is for background purposes, is subject to updating and amendment, and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this Announcement or its accuracy or completeness.

Admission of New Shares and Total Voting Rights

Further to the announcements of 25 May and 19 June 2012, International Public Partnerships Limited ("INPP" or the "Company") would like to confirm that the number of New Ordinary Shares to be issued by the Company under the Placing, Open Offer and Offer for Subscription is 172,043,011.

It is expected that Admission will become effective, and dealings in the New Ordinary Shares will commence, at 8.00 a.m. on 25 June 2012.

Upon Admission, the Company will have a total of 708,426,370 issued ordinary shares admitted to trading on a regulated or prescribed market. Each ordinary share carries the right to one vote in relation to all circumstances at general meetings of the Company. The Company does not hold any ordinary shares in treasury. 

The total voting rights figure may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure Rules and Transparency Rules.

For further information:

Erica Sibree

Amber Fund Management Limited

+44 (0)20 7939 0558

Chris Gook / Nick Westlake

Numis Securities Limited

+44 (0)20 7260 1378/1345

Ed Berry / Harry Stein

FTI Consulting

+44 (0)20 7269 7297/7141

IMPORTANT NOTICES

This Announcement has been issued by and is the sole responsibility of the Company. No representation or warranty, express or implied, is or will be made to, or in relation to, and no responsibility or liability is or will be accepted by Numis Securities Limited ("Numis") or Barclays Bank PLC ("Barclays") or by any of their respective affiliates or agents as to or in relation to, the accuracy or completeness of this Announcement or any other written or oral information made available to or publicly available to any interested party or its advisers, and any liability therefore is expressly disclaimed.

Numis is acting for the Company as sponsor, corporate broker, financial adviser and joint bookrunner and Barclays is acting for the Company as joint bookrunner in relation to the proposed Issue of New Shares pursuant to the Placing, Open Offer and Offer for Subscription. Numis and Barclays are both authorised and regulated by the Financial Services Authority. Neither Numis nor Barclays are acting for anyone else and will not be responsible to anyone other than INPP for providing the protections afforded to their respective clients nor for providing advice in relation to the proposed issue or any other matter referred to herein. To the fullest extent permitted by law recipients agree that neither Numis nor Barclays shall have any liability (direct or indirect) for or in connection with this Announcement or any matters arising out of or in connection herewith. Neither Numis nor Barclays has authorised the contents of, or any part of, this document.

Ordinary Shares to be issued pursuant to the Issue have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or under the applicable state securities laws of the United States, and accordingly, subject to certain exceptions, may not be offered or sold directly or indirectly in or into the United States, or to or for the benefit of any U.S. person (within the meaning of Regulation S under the Securities Act). In addition, the Company has not been and will not be registered under the United States Investment Company Act of 1940, as amended.

The distribution of this Announcement and the placing, open offer and offer for subscription of Ordinary Shares in certain jurisdictions may be restricted by law. No action has been taken by the Company, Numis or Barclays that would permit an offering of any Ordinary Shares or possession or distribution of this Announcement or any other offering or publicity material relating to such Ordinary Shares in any jurisdiction where action for that purpose is required. Persons into whose possession this Announcement comes are required by the Company, Numis and Barclays to inform themselves about, and to observe, such restrictions.

Certain statements in this Announcement are forward-looking statements which are based on the Company's expectations, intentions and projections regarding its future performance, anticipated events or trends and other matters that are not historical facts. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Given these risks and uncertainties, prospective investors are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date of such statements and, except as required by applicable law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

The information contained in this Announcement is subject to change without notice and neither the Company nor Numis nor Barclays assume any responsibility or obligation to update publicly or review any of the forward-looking statements contained herein.