Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.
PRS Finance plc
The Royal Bank of Scotland plc (contact: Rom Balax, +44 207 085 6268) hereby gives notice that no stabilisation, within the meaning of the rules under Commission Regulation (EC) No. 2273/2003 implementing the Market Abuse Directive (2003/6/EC), was undertaken by the Stabilising Manager(s) named below in relation to the offer of the following securities.
|Issuer:||PRS Finance plc|
|Guarantor (if any):||The Secretary of State for Communities and Local Government|
|Aggregate nominal amount:||GBP 265m of which £90m is to be retained by the Issuer|
The Royal Bank of Scotland plc (co-ordinating stabilisation manager)
HSBC Bank plc
This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.
This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.