Term Loan Facility

RIT Capital Partners PLC
16 May 2007


Term Loan Facility


RIT Capital Partners plc ('RITCP') has today agreed terms of a £150 million Term
Loan Facility with National Australia Bank. The Facility is to be drawn in full
on 18 May 2007 and is repayable on 17 May 2010, unless extended.


The facility is for an initial term of three years, with an option to extend the
repayment date for a further year. Notice of any such extension shall be given
by RITCP between 60 and 90 days in advance of the end of the initial three year
term. The Facility provides for further annual extensions on the same basis
thereafter.


The Facility is available to RITCP in any combination of £, US Dollars, Euros or
Japanese Yen. Notice of drawdown has been given to draw 50% of the full £150
million facility in U.S. Dollars, and the other 50% in Japanese Yen. Limited
opportunities to switch currencies during the term of the Facility are permitted
under its terms.


The proceeds of drawdown shall first be applied in repaying some of RITCP's
short term borrowings, leaving sufficient funds available for foreseeable
investment commitments.


RITCP's variable interest liabilities under the Facility have been effectively
fixed for the initial three year period by means of a separate interest rate
swap, co-terminous with the Facility. The effective fixed interest rates are
5.5925% per annum for the U.S. Dollar portion of the Facility and 1.7450% per
annum for the Yen portion.


Enquiries: Duncan Budge, tel: 020 7514 1928
           David Haysey, tel: 020 7514 1926



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