Novae Group Plc : - Intention to purchase 6.50 per cent Bonds due 2017 (XS0762434099) for cancellation

Novae Group plc - Intention to purchase 6.50 per cent Bonds due 2017 (XS0762434099) for cancellation

03 January 2013

NEWS RELEASE

3 January 2013                                                          For immediate release.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN THE UNITED STATES OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

Novae Group plc

Intention to purchase 6.50 per cent Bonds due 2017 (XS0762434099) for cancellation

Novae Group plc ("Novae" or the "Company") has £59,935,000 in principal amount of 6.50 per cent Bonds due 2017 (the "Bonds") currently in issue with a maturity date of 27 April 2017.

Novae intends to purchase up to 12.5 per cent of the currently outstanding principal amount of the Bonds, subject to price and terms, for cancellation, commencing on 7 January 2013 and ending on the day prior to the announcement of the Company's results for the 12 months ended 31 December 2012.

This announcement does not, nor is it intended to, constitute an offer to purchase nor a solicitation of an offer to purchase, any particular Bonds in issue at any particular price or on any particular terms.

Novae has engaged Lloyds TSB Bank plc as its agent in relation to the purchase of the Bonds. Please contact your Lloyds Bank sales representative or Lloyds Bank syndicate desk (020 7158 2017) for further details.

For further information:

Matthew Fosh         -   Novae Group plc           020 7903 7300

Nick Miles              -   M:Communications        020 7920 2330