Indicative Results of Tender Offer

ENTERPRISE INNS PLC

ANNOUNCES INDICATIVE RESULTS OF CASH TENDER OFFER

NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR IN OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS DOCUMENT.

30 September 2014. Enterprise Inns plc (the Offeror) announces today the indicative results of its invitation (such invitation the Offer) to holders of its outstanding £600,000,000 6.50 per cent. Secured Bonds due 2018 (£250,000,000 of which were issued on 6 March 2003 and a further £350,000,000 of which were issued on 28 October 2003 consolidated to form a single series with the original issue) (the Bonds) to tender their Bonds for purchase by the Offeror for cash.

The Offer was announced on 22 September 2014 and was made on the terms and subject to the conditions contained in the tender offer memorandum dated 22 September 2014 (the Tender Offer Memorandum) prepared by the Offeror in connection with the Offer, and is subject to the offer and distribution restrictions set out below and as more fully described in the Tender Offer Memorandum. Capitalised terms used but not otherwise defined in this announcement shall have the meaning given to them in the Tender Offer Memorandum.

The Expiration Deadline for the Offer was 4.00 p.m. (London time) on 29 September 2014.

Indicative Results

The purchase of any Bonds by the Offeror pursuant to the Offer is subject to, without limitation, the successful completion (in the determination of the Offeror) of the issue of the New Bonds (the New Financing Condition).

As at the Expiration Deadline, the Offeror had received valid tenders of £249,521,000 in aggregate nominal amount of Bonds for purchase pursuant to the Offer.

The Offeror intends to issue a minimum of £200,000,000 in aggregate nominal amount of the New Bonds. If the Offeror decides to issue less than £249,521,000 in aggregate nominal amount of the New Bonds, it expects to set the Final Acceptance Amount at the same level and, accordingly, to accept valid tenders of Bonds on a pro rata basis.

The Offeror will announce the level at which it intends to set the Final Acceptance Amount and any Scaling Factor that may be applied as a consequence as soon as reasonably practicable after pricing of the New Bonds.

Bondholders should note that the above is a non-binding indication of the levels at which the Offeror may set the Final Acceptance Amount and any Scaling Factor that may be applied as a consequence.

Announcement of Final Results for the Offer

As soon as reasonably practicable after the pricing of the New Bonds, the Offeror will announce whether it will accept valid tenders of Bonds pursuant to the Offer and, if so accepted, the Final Acceptance Amount and details of any pro rata scaling.

Deutsche Bank AG, London Branch and The Royal Bank of Scotland plc are acting as Dealer Managers for the Offer and Deutsche Bank AG, London Branch is acting as Tender Agent.

THE DEALER MANAGERS

THE TENDER AGENT

Deutsche Bank AG, London Branch

Winchester House

1 Great Winchester Street

London EC2N 2DB

Telephone: +44 20 7547 5000

Fax: +44 20 7547 5001

Attention: Trust and Agency Services

Email: [email protected]

DISCLAIMER This announcement must be read in conjunction with the Tender Offer Memorandum. No offer or invitation to acquire any securities is being made pursuant to this announcement. The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this announcement and/or the Tender Offer Memorandum comes are required by each of the Offeror, the Dealer Managers and the Tender Agent to inform themselves about, and to observe, any such restrictions.

The New Bonds are not being, and will not be, offered or sold in the United States. Nothing in this announcement constitutes an offer to sell or the solicitation of an offer to buy the New Bonds in the United States or any other jurisdiction. Securities may not be offered, sold or delivered in the United States absent registration under, or an exemption from the registration requirements of, the United States Securities Act of 1933, as amended (the Securities Act). The New Bonds have not been, and will not be, registered under the Securities Act or the securities laws of any state or other jurisdiction of the United States and may not be offered, sold or delivered, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. Persons. No action has been or will be taken in any jurisdiction in relation to the New Bonds to permit a public offering of securities.