Cooperation Agreement with Amsterdam ArenA

18 March 2014

Mortice Ltd

Tenon Property Services signs

Cooperation Agreement with Amsterdam ArenA

Tenon Property Services ("Tenon"), the wholly owned subsidiary of Mortice Ltd (AIM: MORT), the AIM listed security and facilities management company with Indian focused operationsis pleased to announce it has signed a cooperation agreement with Amsterdam ArenA ("Amsterdam ArenA"), the Dutch sports arena specialist to jointly maintain Indian sports infrastructure projects and to advise on training, safety, security and facility management.

The move follows an agreement, signed in Delhi by the Indian Minister for Sports and Youth Affairs, Jitendra Singh and the Minister for welfare and sport for the Netherlands Madam Edith Shippers who headed a trade delegation that included officials from Amsterdam ArenA.

Amsterdam Arena are specialists in the development and management of sports venues all over the world and through the cooperation agreement with Tenon intend to maintain several sports infrastructure projects in India.

Tenon, is a wholly owned subsidiary of Mortice Ltd and provides a wide range of facility management activities in India to public and private sector businesses which include many of the world's largest international and domestic companies. The company operates through a network of more than sixty offices in twenty-eight states of India and has over 40,000 employees.

Commenting today, Manjit Rajain, the Executive Chairman of Mortice Ltd said: "We are delighted to become partners with Amsterdam ArenA and are confident that together we can develop a number of opportunities in India and build a successful relationship to manage and develop sports infrastructure projects."

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About Tenon:

Tenon provides a wide range of facility management activities in India to public and private sector businesses which include several of the world's largest international and domestic companies. The company operates through a network of more than sixty offices in twenty-eight states of India and has over 40,000 employees.