Director Declaration

22 September 2017

Phoenix Spree Deutschland Limited

("the Company")

Director Declaration

In accordance with Listing Rule 9.6.14 R, the Company has been informed that Mr Robert Hingley, Chairman of the Company, has been appointed as a non-executive director of The Law Debenture Corporation plc with effect from 1 October 2017.

 For further information please contact:

PMM Partners (Property Advisor)

Mike Hilton +44 (0)20 3937 8760

Paul RuddleMathew NorthoverStuart Young

Liberum Capital Limited (Corporate Broker)

Richard Crawley +44 (0)20 3100 2222

Christopher Britton

Tulchan Communications (Financial PR)

Tom Murray +44 (0)20 7353 4200