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FULLER,SMITH & TURNER PLC Capital/Financing Update 2014

Aug 28, 2014

5193_rns_2014-08-28_ed6a43eb-ebab-4f24-9d34-293feb705341.html

Capital/Financing Update

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National Storage Mechanism | Additional information

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FULLER SMITH & TURNER PLC - New Bank Facility

PR Newswire

London, August 28

28 August 2014 FULLER, SMITH & TURNER P.L.C. Completion of Bank refinancingFuller, Smith & Turner P.L.C. ("Fuller's" or "the Company"), the London brewerand premium pub company, announces that it has successfully arranged new £180million bank loan facilities, with immediate effect. The new facilities replacethe Company's previous bank borrowing arrangements which were due to expire inMay 2015.The new facilities have a five year term expiring in August 2019, have noamortisation requirements and provide £30 million of additional funding overand above the previous funding arrangements. The facilities are on improvedterms and the savings should offset expected increases next year in LIBOR. - Ends -For further information, please contact:Fuller, Smith & Turner P.L.C.Simon Emeny, Chief Executive (press) 020 8996 2175James Douglas, Finance Director (analysts) 020 8996 2000Georgina Wald, Corporate Communications Manager 020 8996 2198/07831 299801Instinctif Partners 020 7457 2020Paul DownesJustine Warren