Publication of Circular

16 December 2013

Pace plc

Publication of Circular

Saltaire, UK, 16 December 2013: Pace announced on 23 October 2013 that it had entered into a conditional agreement to acquire Aurora for a headline consideration of $310m in cash.

A circular will be posted to shareholders today which contains further details of the Acquisition, together with a notice convening a General Meeting of the Company to consider and, if thought fit, approve the Acquisition. The General Meeting will take place on Monday 6 January, 2014 at 9.30am.

A copy of this circular will be available on the Pace website at www.pace.com. The document has also been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.morningstar.co.uk/uk/NSM.

Defined terms used in this announcement have the meanings set out in the circular.

Neither the contents of the websites referred to in this announcement nor the contents of any website available from hyperlinks on Pace's website (or any other website) is incorporated into, or forms part of, this announcement.

For further information please contact:

Pace

Roddy Murray +44 (0)1274 538 330

Chris Mather

J.P. Morgan Cazenove (Financial Adviser, Sponsor and Corporate Broker)

Hugo Baring +44 (0)207 742 4000

Finsbury (Financial PR)

Charles Chichester +44 (0)207 251 3801