24 October 2017

                              Energiser Investments plc                            
                            ('Energiser' or the 'Company')                         

                   Sale of the Wellingborough residential portfolio                

     Highlights

      * Binding agreement signed for the disposal of the Wellingborough residential
        portfolio
      * Sale price in line with expectations at £2,800,000
      * Completion and payment expected in November 2017

    Energiser Investments plc has signed a binding contract to sell the 20
    residential units in the Wellingborough portfolio.

    The sale is expected to complete and funds paid to Energiser in November 2017. 
    The sale price at £2,800,000 is in line with expectations.  Net of associated
    bank debt this will return approximately £1,500,000 of cash to Energiser.  The
    funds received from the sale will be used to strengthen Energiser's balance
    sheet in preparation for the next investment.

    Dominic White, Chief Executive commented, "this signals the successful
    conclusion to our period of ownership of the Wellingborough residential
    portfolio.  The transaction further adds to the capital available for
    investment into new opportunities; we look forward to updating shareholders on
    progress in our self-storage strategy in due course."

    For further information, please visit http://www.energiserinvestments.co.uk/ or
    contact:

    Energiser Investments plc                           +44 1494 762 450
    Dominic White, Chief Executive
    Nishith Malde, Director        

    Cairn Financial Advisers LLP                       +44 20 7213 0880
    Jo Turner / Sandy Jamieson