Completion of Acquisition and Change of Name

7 October 2015

Conviviality Plc

(the "Company" or the "Group")

Completion of Acquisition and Change of Name

Further to the announcement made of 24 September 2015, Conviviality is pleased to announce that the Acquisition of Matthew Clark (Holdings) Limited has now completed.

In addition, the Company's name has been changed to Conviviality Plc and the Company's website has subsequently been changed to www.conviviality.co.uk.

Diana Hunter, Chief Executive Officer of Conviviality, said:

"We are delighted to have completed the acquisition of Matthew Clark. The combination of the two companies is a great strategic fit and a transformational acquisition for Conviviality Plc. Matthew Clark is a significant wholesaler in the drinks industry, larger than the next seven independent operators combined, and together with Conviviality this creates a unique business that addresses both on-trade and off-trade retailers.

"The enlarged group will be independent of major drinks brands, enabling us to supply an unrestricted selection of products to customers who value breadth of range, price and quality. We look forward to welcoming our new colleagues into the Group and continuing to deliver excellent service to our customers across both businesses."

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