Asset Manager's Update M&L Property & Assets Plc (the "Company" or "Group") Property Sales Further to the Company's announcement on 21 December 2015, the Group has sold a further two properties at a sales price of €482,676 (after deducting all sales commission and tax). The funds received from these sales (before deducting agency fees) were slightly in excess of the balance sheet value of these properties. The Company's annualised income (including rent) is currently around €243,000. 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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