Purchase of Own Shares

In accordance with Listing Rule 12.4.6R, the Company announces that, in connection with a tender offer (the results of which were announced earlier today), on 10 December 2014 the Company purchased 10,416,666 ordinary shares at a price of 480 pence per ordinary share.  These 10,416,666 ordinary shares have been cancelled.

Shareholders who tendered more than the 5.09% Individual Basic Entitlement were scaled-back by 98.67358471314% of the number of excess shares tendered. 

Capitalised terms used in this announcement have the same meaning as ascribed to them in the shareholder circular published by the Company on 7 November 2014 in connection with the tender offer.

For further information please contact:

SVG Capital plc
Alice Kain                        020 3680 0180
Stuart Ballard                   020 3680 0190

Maitland
Neil Bennett/
Tom Eckersley                 020 7379 5151

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