Punch Taverns PLC Regulatory News (PUB)

PUNCH TAVERNS PLC

Restructuring Update - Lock-up Agreement

Following the announcement by Punch Taverns plc on 26 June on the restructuring Proposals, Punch confirms that the institutions comprising the Stakeholder Group referred to in that announcement have also undertaken, or, in the case of one of the institutions, is expected to undertake, by entering into a lock-up agreement that they will not transfer the equity shares or notes covered by the lock-up agreement save in circumstances where the transferee agrees to be bound by the terms of the undertaking to support the Proposals.

1 July 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.