New Finance Facility

29 March 2018

Modern Water plc

("Modern Water" or "the Group")

New Finance Facility

Modern Water plc (AIM:MWG), the owner of leading technologies for water and wastewater treatment and for the monitoring of water quality, announces that it yesterday entered into a new £500,000 two year loan facility, provided by Barclays Bank plc and backed by the European Investment Bank (EIB).

The loan will accrue interest at 8% over base rate including a fee for the EIB guarantee. No repayment of capital will be due in the first year. The facility is secured by a debenture and cross guarantee across all UK group companies.

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For further information: 

Modern Water plc +44 (0) 1483 696 000 

Simon Humphrey, Chief Executive 

WH Ireland Limited +44 (0) 207 220 1666 

Chris Fielding (Nominated Adviser) 

James Sinclair-Ford

Tavistock +44 (0) 207 920 3150 

Andrew Dunn 

James Collins 

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.