Sutton Harbour Holdings Regulatory News (SUH)

27 November 2017

FB Investors LLP

Correction to Part B of the Rule 2.7 offer announcement

On 23 November 2017, FB Investors LLP announced a partial offer to acquire up to 67,393,960 ordinary shares, representing 70 per cent. of the issued share capital, of Sutton Harbour Holdings plc and a proposed share subscription (the "Rule 2.7 Announcement").

In the original Rule 2.7 Announcement, paragraphs f) and h) of Part B to Appendix I incorrectly referenced certain conditions to the partial offer. The aforementioned paragraphs should have read as follows:

f) Subject to the requirements of the Panel, FB Investors reserves the right to waive, in whole or in part, all or any of Conditions (c) to (i) (inclusive) of Part A above. Each of Conditions (c) to (i) of Part A shall be regarded as a separate condition and shall not be limited by reference to any other condition.

h) FB Investors shall be under no obligation to waive (if capable of waiver) or treat as fulfilled any of Conditions (c) to (i) (inclusive) of Part A by a date earlier than the latest date specified above for the fulfilment thereof, notwithstanding that the other Conditions of the Partial Offer may at such earlier date have been fulfilled and that there are, at such earlier date, no circumstances indicating that any of such Conditions may be incapable of fulfilment.

All capitalised terms in this announcement are as defined in the Rule 2.7 Announcement which will be available on the Company's website: www.fbllp.co.uk.

All other details remain unchanged.