M&L Property & Assets Plc

    Asset Manager's Update - Loan Facility              

    M&L Property & Assets Plc (the 'Company' or "Group")  

    Loan Facility & Property Sale/s                 

    Further to the Company's announcement on 17 July 2015, the Group has sold a
    further property.

    The debt owing to M&M Investment Company Plc ("MMIC") has been reduced by a
    further €236,510 being the actual cash received (following all sales commission
    and tax).

    The balance now outstanding to MMIC is currently €660,554.

    For further information, please contact:

    Asset Manager:
    Midas Investment Management Limited
    Tel: +44 (0) 161 228 1709

    Nominated Adviser:
    Liam Murray/Jo Turner
    Cairn Financial Advisers LLP
    Tel: +44 (0) 20 7148 7900