R.E.A. Holdings plc: Proposals re 8.75 per cent guaranteed sterling notes

In accordance with the structure set out in the trust deed, REA Finance has lent substantially all of the subscription monies received by it for the sterling notes, and for the now historic 9.5 per cent guaranteed sterling notes 2015/2017 of REA Finance (in exchange for which most of the existing sterling notes were issued), to REA Holdings for on-lending to qualifying subsidiaries.