Icg-longbow Regulatory News (LBOW)

 17th March 2014

ICG-Longbow Senior Secured UK Property Debt Investments Limited (LBOW)

(the "Company")

New Loan Commitment

The Company has committed to its ninth transaction, a £10.00 million loan to Lanos (York) Limited (the "Facility"). The Facility, which has a maturity date of 31 December 2018, will be advanced on or before 21 March 2014.

The Facility is secured by a first and only charge on the Best Western York Monkbar Hotel, which is located close to the city centre of York. The established mid-market 99 bed hotel benefits from a stabilised income profile and offers the potential to grow income and value through a planned refurbishment and 27 bedroom extension, which is to be funded through a ring-fenced element of the Facility.

The completion of this loan increases the total investments made to date by the Company to £97.255 million, representing 94.9% of available capital. The Company's loan portfolio now produces an average coupon of 7.3% pa(1), with a projected internal rate of return if held to maturity of 8.4% pa(1). The average Loan to Value exposure across all loans is 62.0%(1), with an average Interest Coverage Ratio of 160%(1) .

ICG-Longbow, the Company's investment manager, has also identified a potential 10th loan investment opportunity that the Company is currently considering. A further announcement will be made as appropriate.

The Company's loan portfolio security shows a geographical split (based on value of underlying property) of:

The Company's loan portfolio split by property sector is:

(1) All averages calculated on a capital weighted basis

For further information, please contact:

Further information on the Company can be found on its website at http://www.lbow.co.uk.