Settlement of Legal Dispute

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Craven House Capital Plc

("Craven House" or the "Company")

Settlement of Legal Dispute

In response to recent press reports, the Company confirms that litigation regarding Panda Waste, with which it was involved in Ireland, has now been settled. The details of the settlement are subject to a confidentiality agreement; however the Company confirms that the outcome of the settlement has no material impact on Craven House.

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About Craven House Capital:

The Company's Investing Policy is to invest in or acquire a portfolio of companies, partnerships, joint ventures, businesses or other assets globally in any geographic jurisdiction. The company will invest in both developed and developing markets providing long term patient capital and is often involved in special situations, restructuring, expansion and turn around investments in crisis and transitioning economies.