Mezzanine Finance Facility

11 December 2013

                           Energiser Investments plc                           

                        ("Energiser" or the "Company")                         

                          Mezzanine Finance Facility                           

 

Energiser is pleased to announce that it has entered into an agreement with an
experienced housebuilder to provide mezzanine finance to facilitate the
development of twelve luxury homes in Kingswood, Surrey.

The development site has full planning permission and works will commence in
January 2014 and are expected to be completed within a fifteen month period.

The development is within an exclusive parkland setting and comprises nine
houses and three apartments with an anticipated gross development value of
circa £8.4 million.

Energiser will provide up to £2.6 million mezzanine finance for the development
and will be entitled to the greater of either a 50 per cent. share of the net
profit of the scheme or a minimum return of £785,000, assuming sufficient
returns are generated. Energiser has obtained commitments of funding from a
number of investors to underwrite its financial obligation to this project.

Bill Weston, Chairman, commented, "this is an excellent opportunity for
Energiser which we hope will be the first of a number of similar transactions
which will enable a consistent profit stream to be established."

For further information, please visit www.energiserinvestments.co.uk or
contact:

Energiser Investments plc               [phone]                       
                                                                               
Nishith Malde                                                                  
                                                                               
Cairn Financial Advisers LLP            [phone]                       
                                                                               
Jo Turner / Liam Murray