Carpetright : Further debt financing update

LEI: 213800GO32BSNNHXID90

Carpetright plc

('Carpetright' or the 'Company')

Confirmation regarding debt financing arrangements

16 September 2019

Earlier today, the Company announced that Meditor European Master Fund Limited had agreed in principle to various technical matters in relation to the Company's revolving credit facility, pending independent Shareholder approval of the Company's continued use of such facility. The Company is pleased to announce that it has now entered into full form documentation in relation to such arrangements.

For further enquiries please contact:

Carpetright plc Wilf Walsh, Chief Executive Officer Jeremy Simpson, Chief Financial Officer	Tel: [phone]
Peel Hunt (Sponsor) Dan Webster George Sellar	Tel: [phone]
Citigate Dewe Rogerson (Financial PR) Kevin Smith Nick Hayns	Tel: [phone]

Important notices

Peel Hunt LLP ('Peel Hunt'), which is authorised and regulated in the United Kingdom by the FCA, is providing sponsor services to the Company in relation to the related party transactions with Meditor. Peel Hunt is acting exclusively for the Company and no one else in connection with such related party transactions and will not be responsible to anyone other than the Company for providing the protections afforded to the clients of Peel Hunt or for providing advice to any other persons in relation to the related party transactions, the content of this announcement or any other matters described in this announcement.

No representation or warranty, express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by Peel Hunt or by any of their respective affiliates or agents as to, or in relation to, the accuracy or completeness of this announcement or any other written or oral information made available to or publicly available to any interested party or its advisers, and any liability therefore is expressly disclaimed.

Notes to Editors

Carpetright plc is Europe's leading specialist floor coverings and beds retailer. Since the first store was opened in 1988 the business has developed both organically and through acquisition within the UK and other European countries. The Group is organised into two geographical regions, the UK and the Rest of Europe (comprising the Netherlands, Belgium and the Republic of Ireland).