Asset Manager's Update - Loan Facility M&L Property & Assets Plc (the "Company" or "Group") Loan Facility & Property Sales Further to the Company's announcement on 5 October 2015, the Group has sold a further three properties at a sales price of €843,029 (after deducting all sales commission and tax). The funds received from these sales (before deducting agency fees) were €43,159 less than the balance sheet value of these properties. €284,492 of the sales proceeds have been applied against the loan to the Company from M & M Investment Company plc. The loan owing to M & M Investment Company plc (and any associates) has now been repaid in full. The Company's annualised income (including rent) is currently around €445,000. For further information, please contact: Asset Manager: M & L Capital Management Limited Tel: +44 (0) 20 7584 5733 Nominated Adviser: Liam Murray/Jo Turner Cairn Financial Advisers LLP Tel: +44 (0) 20 7148 7900
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