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STONEGATE ANNOUNCES ACQUISITION OF PUBS FROM TATTERSHALL CASTLE GROUP

Stonegate Pub Company Limited ("Stonegate" and, together with its subsidiaries, the "Stonegate Group") today announced in connection with its acquisition of certain freehold pubs and other assets from the Tattershall Castle Group that it has entered into a senior secured credit facility agreement in an aggregate principal amount of £80.0 million to finance the acquisition. The Stonegate Group intends to refinance this facility in due course, which is currently expected to be by means of an additional notes offering of Stonegate Pub Company Financing plc’s 5.75% senior secured notes due 2019. The Stonegate Group expects the transaction to be leverage-neutral on a post-synergies basis.

Cautionary Statement

This press release is not an offer to sell the securities of Stonegate or any of its subsidiaries in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from such registration requirement under United States Securities Act of 1933. If any public offering of securities is made in the United States by Stonegate or any of its subsidiaries, it will be by means of a prospectus that may be obtained from Stonegate or the selling security holder that will contain detailed information about Stonegate and management, as well as financial statements. No public offering of securities will be made in the United States in connection with the above-mentioned transactions.

Forward-Looking Statements

This press release may include forward-looking statements. These forwardlooking statements can be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative, or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts and include statements regarding the Stonegate Group or its affiliates’ intentions, beliefs or current expectations concerning, among other things, the Stonegate Group or its affiliates’ results of operations, financial condition, liquidity, prospects, growth, strategies and the industries in which they operate. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Readers are cautioned that forward-looking statements are not guarantees of future performance and that the St negate Group or its affiliates’ actual results of operations, financial condition and liquidity, and the development of the industries in which they operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if the Stonegate Group or its affiliates’ results of operations, financial condition and liquidity, and the development of the industries in which they operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.