Johnston Press PLC Response to press speculation (4054Q)

TIDMJPR

RNS Number : 4054Q

Johnston Press PLC

05 June 2018

5 June 2018

Johnston Press plc

Response to Press speculation

Johnston Press ("The Company") notes today's press reports regarding the Company being in discussions regarding a Regulated Apportionment Arrangement with the pension trustees and pensions regulator ("RAA"). The Company confirms that an RAA is one of a number of potential strategic options for restructuring or refinancing of the Bond being considered by the Company and its advisers and in respect of which the Company expects to discuss with relevant parties in due course.

Notes

The "Bond" refers to the Group's GBP220 million 8.625% senior secured notes, which become due for repayment on 1 June 2019.

Enquiries:

Powerscourt

Peter Ogden Tel: + 44 (0) 20 7250 1446

Forward-looking statements

The report contains forward-looking statements. Although the Group believes that the expectation reflected in these forward-looking statements are reasonable, it can give no assurance that the expectations will prove to have been correct. Due to the inherent uncertainties, including both economic and business risk factors underlying such forward looking information, actual results may differ materially from those expressed or implied by these forward looking statements. The Group undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise.

Market abuse regulation

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

Johnston Press Legal Entity Identifier: 213800JFIBCR4LGUA242 Classification: Inside Information.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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June 05, 2018 12:10 ET (16:10 GMT)

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