24 July 2014

Not for release, publication or distribution, in whole or in part, in or into any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction.

RECOMMENDED CASH ACQUISITION of BRIGHTSIDE GROUP PLC by BELVEDERE BIDCO LIMITED

a newly incorporated company indirectly owned by AnaCap Financial Partners II, LP, a fund ultimately managed by AnaCap FP GP II Limited which is advised by AnaCap Financial Partners LLP

to be effected

by means of a Scheme of Arrangement under Part 26 of the Companies Act 2006

Suspension of listing and trading in Brightside Shares

Brightside plc ("Brightside") announces that, with effect from 7.30 a.m. (London time) today, listing of the Brightside Shares on AIM and trading in Brightside Shares on AIM were suspended. The suspension has been made in accordance with Brightside's application to the London Stock Exchange, announced by Brightside on 22 July 2014, and is effected as part of the Scheme.
The Scheme remains conditional on, inter alia, Court approval being obtained for the Capital Reduction at the Reduction Court Hearing which is scheduled to take place on 24 July 2014. The Scheme will become effective once the Scheme Court Order and the Reduction Court Order have been delivered to the Registrar of Companies.
Subject to the Court confirming the Capital Reduction, the Scheme is expected to become effective on 24
July 2014.
Following the application by Brightside to the London Stock Exchange, the cancellation of admission to trading of Brightside Shares on AIM will take place at 7.00 a.m. (London time) on 25 July 2014.
Full details of the Offer are set out in the scheme document dated 20 May 2014 sent or made available to Brightside Shareholders on 20 May 2014 (the "Scheme Document"). Capitalised terms used but not otherwise defined in this announcement have the meaning given to them in the Scheme Document.
A copy of this announcement will be available on Brightside's website at www.brightsidegroup.co.uk and
AnaCap LLP's website (www.anacapfp.com).

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For the avoidance of doubt, the content of the websites referred to above is not incorporated into and does not form part of this announcement.

Enquiries: Bidco and AnaCap

Edward Green
Jatender Aujla
Tel: +44 (0)207 070 5250

Macquarie Capital (Europe) Limited (financial adviser to Bidco and AnaCap)

Jonny Allison
Steve Baldwin
Nicholas Harland
Tel: +44 (0)203 037 2000

Brightside

Paul Williams
Paul Chase-Gardener
Tel: +44 (0)1454 636 353
Tel: +44 (0)1454 634 194

Cenkos (financial adviser and corporate broker to Brightside)

Bobbie Hilliam
Harry Pardoe
Tel: +44 (0) 20 7397 8900

CFD-#15105659-v2

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