21 October 2016

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Atlantic Carbon Group Plc ("ACG" or the "Company")

Statement regarding Live Microsystems, Inc.

Atlantic Carbon Group Plc notes the announcement made by Live Microsystems, Inc. ("Live Microsystems" or the "Bidder") on 21 October 2016 that, in accordance with the requirements of the UK City Code on Takeovers and Mergers (the "Takeover Code"), Live Microsystems does not intend to make an offer for ACG. Accordingly, Live Microsystems is bound by the restrictions of the Takeover Code.

The Company confirms that it remains in dialogue with Live Microsystems regarding a potential investment by Live Microsystems in the Company. However, there can be no certainty that any such investment will be made.

Enquiries:

Atlantic Carbon Group Plc

Adam Wilson, Chairman

0191 386 6392

Daniel Stewart & Company plc

Peter Shea / Daphne Zhang

020 7776 6550

Disclaimer

Daniel Stewart & Company plc ("Daniel Stewart") which is regulated in the United Kingdom by The Financial Conduct Authority is acting for the Company in relation to the matters described in this announcement and is not advising any other person, and accordingly will not be responsible to anyone other than the Company for providing the protections afforded to customers of Daniel Stewart or for providing advice in relation to the matters described in this announcement.

Atlantic Coal plc published this content on 21 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 October 2016 16:33:03 UTC.

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