Result of General Meeting

CITYFIBRE INFRASTRUCTURE HOLDINGS PLC

('CityFibre' or the 'Company')

RESULT OF GENERAL MEETING

CityFibre Infrastructure Holdings Plc (AIM: CFHL), a leading designer, builder, owner, and operator of fibre optic infrastructure enabling gigabit connectivity in UK cities, announces that at its General Meeting held earlier today all resolutions were passed.

Share placing

Accordingly, the Company confirms that it has completed the placing of 42,857,142 new ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") with new and existing shareholders at a price of 70 pence per Ordinary Share to raise, in aggregate, £30 million before expenses (the "Placing Shares").

The Placing will assist in the growth of CityFibre's existing assets and the delivery of an accelerated pipeline of projects including the opportunity to deliver Fibre to the Home with BSkyB and TalkTalk. The Company continues to make progress on its pipeline of city opportunities and is in discussions with over 25 cities, with two progressing to contract negotiation stage. The Company also recently announced it has completed the acquisition of the 140km Coventry Metro Area Network and signed a strategic partnership with Coventry City Council.

Incentive scheme

Following the General Meeting and further to the announcement of 23 May 2014, the Company has issued 4,350,442 Ordinary Shares to the Company's joint share ownership plans (the "JSOP Shares"). In addition the Company has granted options to subscribe for up to 772,591 Ordinary Shares (the "Options"). The JSOP Shares and Options have been issued or granted subject to the terms set out in the Company's announcement of 23 May 2014 in this regard.

Following the issue of the JSOP Shares and the grant of the Options, the Directors are interested in the following Ordinary Shares:

The Placing Shares and JSOP Shares are expected to be admitted to trading on AIM on 10 June 2014. Following Admission the Company will have 105,437,900 Ordinary Shares in issue, all with voting rights. The Company does not hold any shares in treasury.

The above figure of 105,437,900 Ordinary Shares may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

Greg Mesch, CEO of CityFibre, commented:

"We are delighted with the response from our investors in undertaking this fundraising. We continue to convert near term opportunities, notably with the recently completed acquisition of a 140km metro fibre network in Coventry. Our shared fibre infrastructure model is gathering pace and support across the board.

"It is critical for the UK to improve its digital infrastructure and with this increased financial backing, we will be able to accelerate the roll out our Gigabit City infrastructure to a growing pipeline of tier 2 towns and cities in the UK."

For further information, please contact:

Notes to Editors:

CityFibre designs, builds, owns and operates a portfolio of fibre optic network infrastructures. It is the largest independent provider of fibre infrastructure to mid-sized cities and major towns, providing gigabit capable infrastructure for enterprise and public sector organisations, service providers, mobile network operators and businesses.

CityFibre has the opportunity to use the deployed fibre optic infrastructure to deliver high speed internet either directly to users, or more typically, indirectly via third party service providers.

CityFibre is based in London, United Kingdom, and its shares trade on the AIM Market of the London Stock Exchange (AIM: CFHL).

To find out more, please visit: www.cityfibre.com