31 March 2009
Quintain Estates & Development plc
('Quintain' / 'Company')
STATEMENT RE SHARE PRICE MOVEMENT
The Board of Quintain notes the share price movement today.
The Company announced on 18 March 2009 that it was considering, among other options, the possibility of an equity capital raising. The Company confirms that it continues to pursue an equity capital raising. However, no assurance can be given that an equity raising will proceed. A further announcement will be made shortly.
For further information please contact:
Quintain Estates & Development plc
Rebecca Worthington / Cressida Eccleston
Tel: +44 (0) 20 7495 8968
Financial Dynamics
Stephanie Highett / Dido Laurimore / Laurence Jones
Tel: +44 (0) 20 7831 3113
This announcement does not constitute or form part of any offer or solicitation to purchase or subscribe for securities in the United States. Securities may not be offered or sold in the United States absent registration under the US Securities Act of 1933, as amended, or an exemption from, or in a transaction not subject to, registration. The Company has not registered and does not intend to register any securities under the US Securities Act of 1933, as amended, and does not intend to offer any securities to the public in the United States. No money, securities or other consideration from any person inside the United States is being solicited and, if sent in response to the information contained in this announcement, will not be accepted. Subject to certain exceptions, the securities referred to herein may not be offered or sold in Australia, Canada, Japan or New Zealand or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada, Japan or New Zealand. The offer and sale of the securities referred to herein has not been and will not be registered under the applicable securities laws of Australia, Canada, Japan or New Zealand.