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INTU PROPERTIES PLC - Response to recent Press

Release Date: 25/02/2013 07:05
Code(s): ITU     PDF:  
Wrap Text
Response to recent Press

INTU PROPERTIES PLC
(Registration number UK3685527)
ISIN Code:     GB0006834344
JSE Code:      ITU

RESPONSE TO RECENT PRESS SPECULATION

Intu Properties plc (“Intu” or the “Company”) notes the recent press speculation
relating to a potential acquisition of Midsummer Place Shopping Centre (“the
Centre”) in Milton Keynes. The Company confirms that it is in advanced
discussions to acquire the centre from Legal & general property.

Intu has adequate cash and undrawn facilities to fund the acquisition, but is also
considering additional funding options, including an equity placing.

A further announcement will be made as appropriate.

Susan Marsden
Company Secretary
Intu Properties plc

Sponsor
Merrill Lynch South Africa (Pty) Ltd

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