AX Investments plc - Bond Repurchase

On 21 August 2012, AX Investments plc announced that it repurchased €21,948 (nom) of its 4% bonds 2013 as permitted in the Prospectus dated 28 November 2006. The Company explained that these bonds were repurchased from bondholders and subsequently cancelled. Following this buy back, the total amount of outstanding bonds has been reduced to €1.83 million.