Last checked at 26 Aug 2009 12:23
NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES OR IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE REPUBLIC OF ITALY.
Announcement of Results of Tender Offers in relation to Invitations by SEGRO PLC to the holders of the following series of bonds issued by Brixton plc GBP275,000,000 6.00 per cent. Bonds due 2010 (the "2010 Bonds") GBP150,000,000 5.25 per cent. Bonds due 2015 (the "2015 Bonds") GBP210,000,000 6.00 per cent. Bonds due 2019 (the "2019 Bonds") (each a "Series" and, together, the "Bonds") to tender their Bonds for purchase by SEGRO plc for cash (together, the "Offers") On 9 July 2009, SEGRO plc (the "Offeror") announced the Offers to the holdersof the outstanding Bonds to tender their Bonds for purchase by the Offerorsubject to the terms and conditions set forth in the tender offer memorandumrelating to the Offers (the "Tender Offer Memorandum"). As of the ExpirationDeadline of the Offers at 4.00 p.m. (London time) on Tuesday, 25 August 2009,the results of the Offers were as follows: Outstanding Early Series ISINs/ Principal Purchase Tender Total Acceptance Common Codes Amount Price(1) Fee(2) Consideration(3) Amount 2010 XS0094899241/ GBP275,000,000 99 per cent. 1 per cent. 100 per cent. GBP257,728,000 Bonds 009489924 2015 XS0231216549/ GBP145,000,000 74 per cent. 1 per cent. 75 per cent. GBP5,731,000 Bonds 023121654 2019 XS0179346274/ GBP210,000,000 72 per cent. 1 per cent. 73 per cent. GBP994,000 Bonds 17934627
(1) As a percentage of the principal amount of Bonds validly tendered and
accepted for purchase.
(2) As a percentage of the principal amount of Bonds validly tendered and
accepted for purchase prior to 4:00 p.m. (London time) on Tuesday, 28 July
2009.
(3) Payable in respect of Bonds validly tendered and accepted for purchase
prior to 4:00 p.m. (London time) on Tuesday, 28 July 2009.
The Purchase Price, together with the applicable Accrued Interest Payment and,if applicable, the Early Tender Fee will be paid to Bondholders whose Bondshave been accepted for purchase on the Settlement Date, which is expected to be28 August 2009.
Requests for information in relation to the Offers should be directed to:
The Dealer ManagersJ.P. Morgan Securities Ltd. UBS Limited 125 London Wall 1 Finsbury Avenue London EC2Y 5AJ London EC2M 2PP United Kingdom United Kingdom
Telephone: +44 (0) 20 7777 1333 Telephone: +44 (0) 20 7567 0525
Attention: Sebastien Bamsey - Liability Attention: Liability Management Group - Management
Mark T Watkins Email: sebastien.m.bamsey@jpmorgan.com Email: mark-t.watkins@ubs.com Telephone: +44 (0) 20 7779 2468 Telephone: +44 (0) 20 7567 2477 Attention: Marc Lewell - Syndicate Attention: Barry Donlon - Syndicate Email: marc.lewell@jpmorgan.com Email: barry.donlon@ubs.com
orThe Tender AgentLucid Issuer Services LimitedLeroy House436 Essex RoadLondon N1 3QPUnited KingdomTelephone: +44 20 7704 0880Fax: +44 20 7067 9098Attention: Sunjeeve Patel / Yves TheisEmail: segro@lucid-is.com
This announcement must be read in conjunction with the Tender Offer Memorandum.
The information contained herein is for informational purposes only and doesnot constitute an offer to purchase any securities or the solicitation of anoffer to sell any securities.
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