Statement from the Joint Administrators

05 December, 2011

On 4 December 2011, Alan Michael Hudson and Benjamin Thom Cairns, of Ernst & Young LLP, were appointed as Joint Administrators of DTZ Holdings Plc, and a request was made immediately to the UKLA to suspend trading in DTZ's shares with immediate effect and cancel the listing.

The Joint Administrators upon appointment, subsequently sold all the Company's interests in the underlying group to United Group Europe Limited, a subsidiary of UGL Limited. As a result, the business will continue to operate as a going concern, safeguarding approximately 4,700 jobs. No subsidiaries are in administration.

Alan Michael Hudson is licensed in the United Kingdom to act as an insolvency practitioner by The Association of Chartered Certified Accountants and Benjamin Thom Cairns is licensed in the United Kingdom to act as an insolvency practitioner by The Institute of Chartered Accountants in England and Wales.

The affairs, business and property of the Company are being managed by the Joint Administrators, Alan Michael Hudson and Ben Thom Cairns who act as agents of the Company only and without personal liability.

We may collect, use, transfer, store or otherwise process (collectively, "Process") information that can be linked to specific individuals ("Personal Data"). We may Process Personal Data in various jurisdictions in accordance with applicable law and professional regulations including (without limitation) the Data Protection Act 1998.'

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