Daily Mail and General Trust PLC - Settlement

Tender Offer for its £200,000,000 6.375 per cent. Bonds due 2027

Bonds/ISIN/ Common Code/Outstanding Nominal AmountBenchmark Security

Purchase Spread

Maximum Purchase Spread

Amount subject to the Offer

£200,000,000 6.375 per cent. Bonds due 2027

XS0306155499 / 030615549

£200,000,000

1.25 per cent. UK Treasury Gilt due 22 July 2027 (ISIN: GB00BDRHNP05)

To be determined pursuant to a modified Dutch auction procedure

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