Statement re Possible Offer - Pinewood Shepperton

NOT FOR RELEASE, PUBLICATION OR DISTRBUTION, IN WHOLE OR PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUE A VIOLATION OF THE RELVANT LAWS OF SUCH JURISDICTION

Warren James Holdings Limited

Statement regarding Pinewood Shepperton plc (LSE: PWS)

In response to recent press speculation, Warren James Holdings Limited confirms for the purposes of Rule 2.8 of the City Code on Takeovers and Mergers that it has no current intention of making an offer for Pinewood Shepperton plc ("Pinewood").

Warren James Holdings Limited has been a shareholder of Pinewood since 2007. Its recent increase in shareholding represents an extension of its ongoing strategy of building a long term strategic minority holding in Pinewood.

For enquiries contact:

Guy Lightowler, Warren James Holdings - 0161 476 9173