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Energy SpA Capital/Financing Update 2014

Apr 16, 2014

Capital/Financing Update

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Summons to Bondholders' Meeting

Iona Energy Company (UK) plc has today summoned a

bondholders' meeting in the 9.50 per cent. Iona Energy

Company (UK) plc Senior Secured Callable Bond Issue

2013/2018 (ISIN NO 001 0689763) to request certain

amendments to the terms of the bond agreement

governing the bond issue. For further information,

please see the attached summons to the bondholders'

meetings.