DEXION ABSOLUTE LIMITED (IN VOLUNTARY LIQUIDATION) (THE "COMPANY")

    First interim distribution announcement

    At an extraordinary general meeting of the Company held on 23 March 2016,
    shareholders passed resolutions to wind-up the Company and appointed Ashley
    Paxton and Linda Johnson of KPMG Channel Islands Limited as joint liquidators
    (the "Liquidators").

    Further to the Liquidators' shareholder announcement of 17 August 2016, the
    Liquidators announce their intention to make a first interim distribution (the
    "First Interim Distribution"):

    GBP £1.28960 per ordinary Sterling share issued

    The First Interim Distribution will be effected pro rata to the holdings of
    ordinary Sterling shares on the register at the close of business on 19 August
    2016 (the "Record Date").

    The First Interim Distribution will be paid by CREST on 26 August 2016.  Where
    investors are not CREST registered, this payment will be by way of Sterling
    cheques drawn upon a UK clearing bank posted to the Shareholder's registered
    address as at the Record Date.

    Enquiries:

    The Liquidators
    Ashley Paxton and Linda Johnson
    Glategny Court
    Glategny Esplanade
    St Peter Port
    Guernsey
    GY1 1WR


    Tel:  01481 721 000
    restructuring-ci@kpmg.com