Acquisition

7 November 2014

 BETTER CAPITAL PCC LIMITED 2012 Cell

Better Capital PCC Limited is pleased to report that BECAP12 Fund LP (the "2012 Fund") has acquired all of the debt facilities of iNTERTAIN Limited and its subsidiary companies ("iNTERTAIN").

iNTERTAIN was formed in October 2009 to acquire the prime trading assets previously owned and operated by Regent Inns Plc. It now owns and operates a national chain of bars trading principally under the Walkabout brand.

Its audited revenues and operating loss for the year to 2 February 2013 were £59 million and £3 million respectively.

The 2012 Fund has committed £20 million to fund the debt acquisition and future financing requirements.

Enquiries:

Better Capital PCC Limited +44 (0)1481 716 000

Jon Moulton (Director)

Laurence McNairn (Administrator and Company Secretary)

Better Capital LLP +44 (0)20 7440 0840

Mark Aldridge (Chief Executive)

Rob Asplin (Managing Director)