C&C Group Plc - Capital/Financing Update 2017

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Statement re Completion of minority investment in Admiral Taverns

Completion of minority investment in Admiral Taverns (“Admiral”)

CCR.I CCR.L

C&C Group plc (“C&C” or the “Group”), a manufacturer, marketer and distributor of branded cider, beer, wine and soft drinks announces that, further to its announcement of 4 September 2017, all conditions of its investment in Admiral have now been satisfied and the transaction has completed.

In addition, Admiral confirms today that it has completed on the acquisition of a portfolio of 17 pubs in England and Wales from Heineken’s Star Pubs & Bars business.

-ENDS-

About C&C Group plc

C&C Group plc is a premium drinks company which owns, manufactures, markets and distributes branded beer, cider, wine, soft drinks and bottled water. C&C Group brands include: Bulmers the leading Irish cider brand; Tennent’s, the leading Scottish beer brand; Magners the premium international cider brand; Tipperary Water; Finches soft drinks, as well as a range of niche, premium and craft ciders and beers. C&C Group also owns and manufactures Woodchuck, a leading craft cider brand in the United States and manufactures and distributes a number of 3rd party international beer brands in Scotland and Ireland. C&C is also a leading drinks wholesaler in Scotland and Ireland, where it operates under the Tennent's and C&C Gleeson brands respectively. C&C Group is headquartered in Dublin with manufacturing operations in Co. Tipperary, Ireland; Glasgow, Scotland; and Vermont, USA. C&C Group plc is listed on the Irish and London Stock Exchanges.

Contacts

C&C Group plc

Stephen Glancey, Chief Executive

Jonathan Solesbury, Chief Financial Officer

Joe Thompson, Investor Relations

Tel: + 44 7980 844 580

Investors, Analysts & Irish Media

Mark Kenny/Jonathan Neilan

FTI Consulting

Tel: +353 1 765 0886

Email: [email protected]

UK & International Media