Proposed CVA – adjournment of meeting

18 August 2020

Ashley House plc

Proposed Company Voluntary Arrangement - adjournment of meeting

On 30 July, Ashley House plc (the "Company") advised that a Company Voluntary Arrangement ("CVA") was being proposed and a creditors' meeting followed by a members' meeting would be held today to consider the proposal.

Following proposed amendments to the CVA put forward by some of the creditors, the meetings have been adjourned until Friday 21 August at 10.30am and 12.00 noon respectively.

The Company will update the market once the meetings have been held.

Enquiries:

Ashley House plc 01628 600 340

Antony Walters

Jonathan Holmes

James Hathaway

WH Ireland 0207 220 1666

(Nominated Adviser and Broker)

Adrian Hadden

James Sinclair-Ford

Darshan Patel