- Bond buy-back exercise

On 26 January 2011 Hotel San Antonio plc announced that with respect to the Tender Offer Memorandum dated 22 December 2010, the Company received Acceptance Forms totaling €682,127 from bondholders, representing 11.7% of the original amount of outstanding bonds. The Company explained that the said amount of bonds have been repurchased from bondholders and subsequently cancelled. The total amount of outstanding bonds has been reduced to €5,141,798.

The Company stated that trading in Hotel San Antonio plc Bonds will recommence as from tomorrow 27 January 2011.

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