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Notice to Bondholders

25th May 2006 10:10

BL Universal PLC25 May 2006 BL Universal PLC _________________________________________________________ 10 CORNWALL TERRACE REGENT'S PARK LONDON NW1 4QP TELEPHONE 020 7486 4466 FAX 020 7935 5552 The Holders of the £100,000,000 63/4% First Mortgage Debenture Bonds 2011 and £200,000,000 63/4% First Mortgage Debenture Bonds 2020 23 May 2006 Dear Sir/ Madam Pursuant to Clause 29 (B)(3)(ii) of the Trust Deed dated 31st March 1998constituting the above bonds, we hereby inform you that since 4th October 2005(the date of our notice to you of the valuation as at 31 March 2005 of thespecifically mortgaged premises), in accordance with the Trust Deed, thefollowing properties have been withdrawn from the specifically mortgagedpremises: Outgoing Charged Properties Town Identity Description Age Tenure (Address of Property)Reading Microsoft Buildings, Thames Valley Park Drive, Office 1998 Freehold Berkshire, RG6 1WGBelfast 20 Donegall Place, BT1 5BA Retail Late 19th Freehold CenturySouthampton 51/55 Above Bar Street, Hampshire, SO14 7DZ Retail Early 1960's FreeholdCarmarthen 2-12 Red Street, Dyfed, SA31 1QL Retail 1980 FreeholdGlasgow 122/126 Sauchiehall Street, G2 3DH Retail Early 19th Feuhold CenturySwansea 273/276 Oxford Road, County Borough of Swansea, Retail Early 1950's Leasehold SA1 3BSNottingham 22/24/26 Clumber Street, Nottinghamshire, NG1 Retail Mid19th Freehold 3GA CenturyYork 19-21 High Ousegate & 13/17 Coppergate, North Retail Early 19th Freehold Yorkshire, YO1 8RX Century Yours faithfully John Weston Smith Director Registered Office 10 Cornwall Terrace Regent's Park London NW1 4QP Reg No 324647 England This information is provided by RNS The company news service from the London Stock Exchange

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