THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, THE PEOPLE'S REPUBLIC OF CHINA, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BREACH ANY APPLICABLE LAW OR REGULATION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.

NEITHER THIS ANNOUNCEMENT NOR ANYTHING CONTAINED HEREIN SHALL FORM THE BASIS OF, OR BE RELIED UPON IN CONNECTION WITH, ANY OFFER OR COMMITMENT WHATSOEVER IN ANY JURISDICTION. ANY DECISION TO PURCHASE, SUBSCRIBE FOR, OTHERWISE ACQUIRE, SELL OR OTHERWISE DISPOSE OF ANY SECURITIES REFERRED TO IN THIS ANNOUNCEMENT MUST BE MADE SOLELY ON THE BASIS OF THE INFORMATION THAT IS CONTAINED IN AND INCORPORATED BY REFERENCE INTO THE PROSPECTUS REFERRED TO BELOW. A COPY OF THE PROSPECTUS IS AVAILABLE ON ESKEN LIMITED'S WEBSITE AT WWW.ESKEN.COM/INVESTORS.

26 August 2021

Esken Limited

(the "Company" )

COMPLETION OF CLASS 1 TRANSACTION - INVESTMENT IN LONDON SOUTHEND AIRPORT

On 2 July 2021, the Company announced that it had reached agreement with CGIOF River S.à r.l. (the "Lender"), a special purpose vehicle which is controlled by Carlyle Global Infrastructure Opportunity Fund, L.P. ("CGI"), on the terms of a proposed investment by CGI through a £125 million senior loan facility (the "Loan") to be provided by CGIOF River S.à r.l. to, and which is convertible into 29.999 per cent. of the entire issued share capital of, London Southend Airport (the "Borrower") (which shall be increased to 30 per cent. following receipt of approval from the Office of Rail and Road), a wholly-owned subsidiary of the Company (the "Investment").

The Company today announces completion of the Investment following receipt of shareholder approval at the General Meeting held on 17 August 2021. The Borrower has drawn down the Loan made available to it by the Lender.

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