Tender Offer

TAU CAPITAL PLC

TENDER OFFER

Further to the announcement of the Tender Offer made 23 January 2013 and the release of the January 2013 Net Asset Value earlier today, the Repurchase Price of the Tender Offer is USD0.520573 This represents a premium of 15.4% to the mid market share price of USD0.451 on 08 February 2013.

On the basis of a Repurchase Price of USD 0.520573, the below are the final Tender Offer details:

·; The maximum number of shares subject to the tender are 63,082,437

·; The Basic Entitlement is 37.233%

·; The Tender Discount to the unaudited NAV is 0.5%

Full details of the steps to be taken by shareholders wishing to take advantage of the Tender Offer are contained in the Circular posted on 23 January 2013 a copy of which is also available on the web site

http://www.taucapitalplc.com/investors/events-calendar.html

Capitalised terms not defined in the body of this announcement shall have the meaning given to them in the Circular dated 23 January 2013.

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