Results of Placing and Total Voting Rights

For immediate release

21 March 2017

THIS ANNOUNCEMENT, INCLUDING THE INFORMATION INCLUDED IN IT, IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO FROM, OR TO PERSONS IN, THE UNITED STATES OF AMERICA ("UNITED STATES"), AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF IRELAND AND THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO UNLESS PERMITTED PURSUANT TO AN EXEMPTION UNDER THE RELEVANT LOCAL LAW OR REGULATION IN ANY SUCH JURISDICTION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SHALL THEREFORE CEASE TO BE INSIDE INFORMATION.

THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFERING OF, OR SOLICITATION TO PURCHASE OR SUBSCRIBE, SECURITIES IN THE COMPANY.

HUNTERS PROPERTY PLC

("Hunters" or the "Company")

RESULTS OF THE PLACING AND TOTAL VOTING RIGHTS

The Board of Hunters is pleased to announce that as part of the proposed placing announced this morning (the "Placing"), a total of 2,400,000 new ordinary shares of 4 pence each in the Company (the "Placing Shares") were successfully conditionally placed with investors at a price of 55 pence per Placing Share, raising £1.32 million before expenses.

As noted in the announcement made this morning, the proceeds of the Placing will be applied in funding as part payment of the £2.25 million cash element for the acquisition of the franchising business and related assets of Besley Hill Franchising Limited.

Application has been made to the London Stock Exchange for the Placing Shares and the new Ordinary Shares to be issued to Besley Hill Franchising Limited as part of the consideration payable for the acquisition ("Consideration Shares") to be admitted to trading on AIM. It is expected that Admission will become effective on or around 8.00a.m. on Thursday, 23 March 2017.

The Placing Shares and the Consideration Shares will, when issued, rank pari passu in all respects with the existing ordinary shares of 4 pence each in the Company ("Ordinary Shares"), including the right to receive dividends and other distributions declared, made or paid following Admission.

Following the issue of the Placing Shares and the Consideration Shares, the total number of shares in issue will be 31,458,225 Ordinary Shares. There are no shares held in treasury. Therefore, the total number of voting rights in the Company is 31,458,225. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest under the Disclosure and Transparency Rules.

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IMPORTANT NOTICE

This Announcement has been issued by and is the sole responsibility of the Company. The information contained in this Announcement is for information purposes only and does not purport to be full or complete. No reliance may or should be placed by any person for any purpose whatsoever on the information contained in this Announcement or on its accuracy or completeness. The information in this Announcement is subject to change.

The content of this Announcement has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000 (as amended).

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this Announcement.

This Announcement does not constitute, or form part of, a prospectus relating to the Company, nor does it constitute or contain any invitation or offer to any person, or any public offer, to subscribe for, purchase or otherwise acquire any shares in the Company or advise persons to do so in any jurisdiction, nor shall it, or any part of it form the basis of or be relied on in connection with any contract or as an inducement to enter into any contract or commitment with the Company.

This Announcement is not an offer of or solicitation to purchase or subscribe securities in the United States. The Ordinary Shares (including for the avoidance of doubt the Placing Shares and the Consideration Shares) have not been and will not be registered under the U.S. Securities Act of 1933, as amended and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States.

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