Extension of deadline under Rule 2.6(c) of the Code

29 July 2013 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO ORFROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THERELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION THIS ANNOUNCEMENT IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFERUNDER RULE 2.7 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE") AND THERECAN BE NO CERTAINTY THAT AN OFFER WILL BE MADE Announcement by the Independent Directors of Daily Mail and General Trust plc ("DMGT") Extension of deadline under Rule 2.6(c) of the Code In accordance with Rule 2.6(a) of the Code, Rothermere Continuation Limited("RCL") was required, by not later than 5.00 p.m. on 29 July 2013, to eitherannounce a firm intention to make an offer for the remaining Ordinary votingshares of DMGT in accordance with Rule 2.7 of the Code or announce that it doesnot intend to make an offer. At the request of the Independent Directors ofDMGT, The Panel on Takeovers and Mergers ("the Panel") has consented to anextension of this deadline until 5.00 p.m. on 23 August 2013, to enable theparties to continue their ongoing discussions regarding a possible offer forthe remaining Ordinary voting shares. There is no certainty that at the end of this period an offer for the remainingOrdinary voting shares will be made. This deadline may be extended further withthe consent of the Panel, at the request of the Independent Directors of DMGT,in accordance with Rule 2.6(c) of the Code. This announcement is being made with the consent of RCL. A further announcement will be made as appropriate. A copy of this announcementwill be available on DMGT's website (www.dmgt.com). The content of the website referred to in this announcement is not incorporatedinto and does not form part of this announcement. Enquiries: Daily Mail and General Trust plc +44 (0)20 7938 6000Stephen DaintithClaire Chapman Lazard & Co., Limited (Financial Adviser to the +44 (0)20 7187 2000Independent Directors of DMGT)Nicholas ShottCyrus Kapadia Brunswick (Public Relations Adviser to DMGT) +44 (0)20 7404 5959Kim Fletcher Important Notice Lazard & Co., Limited ("Lazard"), which is authorised and regulated in theUnited Kingdom by the Financial Conduct Authority, is acting exclusively asfinancial adviser to the Independent Directors of DMGT and no one else inconnection with the matters described in this announcement and will not beresponsible to anyone other than the Independent Directors of DMGT forproviding the protections afforded to clients of Lazard nor for providingadvice in relation to the matters referred to in this announcement. NeitherLazard nor any of its affiliates owes or accepts any duty, liability orresponsibility whatsoever (whether direct or indirect, whether in contract, intort, under statute or otherwise) to any person who is not a client of Lazardin connection with any statement contained herein or otherwise. Dealing Disclosure Requirements of the Takeover Code Under Rule 8.3(a) of the Code, any person who is interested in 1% or more ofany class of relevant securities of an offeree company or of any paper offeror(being any offeror other than an offeror in respect of which it has beenannounced that its offer is, or is likely to be, solely in cash) must make anOpening Position Disclosure following the commencement of the offer period and,if later, following the announcement in which any paper offeror is firstidentified. An Opening Position Disclosure must contain details of the person'sinterests and short positions in, and rights to subscribe for, any relevantsecurities of each of (i) the offeree company and (ii) any paper offeror(s). AnOpening Position Disclosure by a person to whom Rule 8.3(a) applies must bemade by no later than 3.30 pm (London time) on the 10th business day followingthe commencement of the offer period and, if appropriate, by no later than 3.30pm (London time) on the 10th business day following the announcement in whichany paper offeror is first identified. Relevant persons who deal in therelevant securities of the offeree company or of a paper offeror prior to thedeadline for making an Opening Position Disclosure must instead make a DealingDisclosure. Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1%or more of any class of relevant securities of the offeree company or of anypaper offeror must make a Dealing Disclosure if the person deals in anyrelevant securities of the offeree company or of any paper offeror. A DealingDisclosure must contain details of the dealing concerned and of the person'sinterests and short positions in, and rights to subscribe for, any relevantsecurities of each of (i) the offeree company and (ii) any paper offeror, saveto the extent that these details have previously been disclosed under Rule 8. ADealing Disclosure by a person to whom Rule 8.3(b) applies must be made by nolater than 3.30 pm (London time) on the business day following the date of therelevant dealing. If two or more persons act together pursuant to an agreement or understanding,whether formal or informal, to acquire or control an interest in relevantsecurities of an offeree company or a paper offeror, they will be deemed to bea single person for the purpose of Rule 8.3. Opening Position Disclosures must also be made by the offeree company and byany offeror and Dealing Disclosures must also be made by the offeree company,by any offeror and by any persons acting in concert with any of them (see Rules8.1, 8.2 and 8.4). Details of the offeree and offeror companies in respect of whose relevantsecurities Opening Position Disclosures and Dealing Disclosures must be madecan be found in the Disclosure Table on the Takeover Panel's website atwww.thetakeoverpanel.org.uk, including details of the number of relevantsecurities in issue, when the offer period commenced and when any offeror wasfirst identified. You should contact the Panel's Market Surveillance Unit on+44 (0)20 7638 0129 if you are in any doubt as to whether you are required tomake an Opening Position Disclosure or a Dealing Disclosure.