Statement re debt repayment

Grainger Trust PLC 19 December 2003 19 December 2003 For immediate release GRAINGER TRUST PLC Repayment of debenture stock On 17 December 2003 Grainger Trust gave notice to the holders of its 11.75 per cent. First Mortgage Debenture Stock 2024 of its intention to repay the stock in full on 23 December 2003. The repayment price has today been determined as £190.04 per £100 principal amount of stock. Accrued interest to 23 December 2003 will also be paid. Further information: Grainger Trust plc: Andrew Cunningham, Finance Director, 0191 261 1819 Marie Glanville, Company Secretary, 0191 261 1819 Cazenove & Co. Ltd: Francis Burkitt, Director, 020 7155 8855 Baron Phillips Associates: Baron Phillips, 020 7920 3161 This announcement has been approved for the purposes of section 21 of the Financial Services and Markets Act 2000 by Cazenove & Co. Ltd, which is regulated by the Financial Services Authority. This information is provided by RNS The company news service from the London Stock Exchange

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Grainger (GRI)
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