NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION (INCLUDING THE UNITED STATES OF AMERICA) WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. 4 July 2012 Public Service Properties Investments Limited ("PSPI", or the "Company") Proposed combination of a majority of PSPI's UK property portfolio with the European Care Group and notice of General Meeting 1. Introduction

PSPI (AIM: PSPI), the specialist European real estate investment and financing company, announces that it has entered into a conditional agreement to combine the majority of the UK property portfolio of the Group (being the Company and its subsidiaries at the relevant time) with the assets and business of the European
Care Group, the Group