THE CONYGAR INVESTMENT COMPANY PLC

EXCLUSIVITY AGREEMENT FOR

POTENTIAL DEVELOPMENT ACQUISITION IN BRISTOL

The Conygar Investment Company PLC ("Conygar") announces that it has entered into a non-binding exclusivity agreement with Wholesale Fruit Centre (Bristol) Limited regarding the potential acquisition of a 14.7 acres development at the Bristol Fruitmarket Site in the St Philips Marsh area of Bristol, one mile to the east of Bristol Temple Meads. The initial agreement lasts for up to 5 months, during which Conygar will establish whether or not to proceed with the proposed acquisition.

Enquiries:

The Conygar Investment Company PLC

Robert Ware: 020 7258 8670

Christopher Ware: 020 7258 8670

Liberum Capital Limited (Nominated Adviser and Broker)

Richard Lindley / Jamie Richards / Edward Phillips: 020 3100 2222 

Temple Bar Advisory (Public Relations)

Alex Child-Villiers: 07795 425580

Will Barker: 07827 960151