Punch Taverns PLC Regulatory News (PUB)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

PUNCH TAVERNS PLC

("Punch" or "the Company")

ISIN number correction

Earlier today, Punch made an announcement incorrectly stating that the ISIN of the New Ordinary Shares would be GB00B16GWD56. The correct ISIN is GB0031552861.

The full announcement including the correct ISIN number is set out below.

Final approval of restructuring proposals confirmed

Punch is pleased to announce that The Royal Bank of Scotland plc (a liquidity provider to the Punch A and Punch B securitisations and provider of hedging arrangements to the Punch A securitisation) has now received credit committee approval and consented to the restructuring proposals (as set out in the combined circular and prospectus dated 18 August 2014).

All shareholder, noteholder and securitisation creditor approvals have now been obtained and completion of the restructuring is expected to become effective on 8 October 2014. A further announcement will be made following completion.

The total number of new ordinary shares in the capital of the Company (the "New Ordinary Shares") to be issued (subject to Admission) in connection with the Restructuring and Firm Placing, and in anticipation of the Share Consolidation, is 3,771,151,200.

Punch will apply for the New Ordinary Shares to be admitted to the premium segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities ("Admission"), effective as of 8.00 a.m. on 8 October 2014.

The New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares of the Company with ISIN GB0031552861. Following Admission, there will be total of 4,437,003,420 ordinary shares in issue, none of which will be held in treasury.

7 October 2014

Disclaimer

This announcement is not intended to and does not constitute or form part of any offer to sell or invitation to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities or the solicitation of any vote or approval in any jurisdiction pursuant to the proposals set out herein or otherwise, nor shall it (or the fact of its distribution) form the basis of, or be relied on in connection with, any contract therefor or be considered a recommendation that any investor should subscribe for or purchase or invest in any securities.

The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933 as amended (the "Securities Act") or under any U.S. state securities laws and may not be offered or sold within the United States unless any such securities are registered under the Securities Act or an exemption from the registration requirements of the Securities Act and any applicable state laws is available.