PHU M&L Property

Asset Manager's Update

M&L Property & Assets Plc (the “Company” or “Group”)       

Property Sale                     

Further to the Company's announcement on 3 February 2016, the Group has sold a further property at a sales price of €255,000 (before deducting all sales commission and tax) which is 6.5 per cent below the property’s value in the accounts.  The funds from this sale have been received in the group’s bank account.

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