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Statement re Redemption of Senior Secured Notes

Released 11:35 28-Jan-2014

RNS Number : 6815Y
Cable & Wireless Communications PLC
28 January 2014

28 January 2014

Notice of Redemption of 73/4% Senior Secured Notes due 2017

Cable & Wireless Communications Plc today announces that its wholly owned subsidiary, Sable International Finance Limited ("SIFL"), has issued a notice for the redemption (the "Redemption") of all of its currently outstanding $500,000,000 aggregate principal amount of 73/4% Senior Secured Notes due 2017 (the "Notes"). SIFL will on or about 28 February 2014 (the "Redemption Date") redeem the Notes for cash in an amount equal to the aggregate redemption price (being 103.875% of the outstanding principal amount), plus accrued and unpaid interest to (but not including) the Redemption Date. The notice of redemption contains additional information concerning the terms of the Redemption.

This announcement is for informational purposes only and shall not constitute an offer to purchase the Notes or any other securities.

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Statement re Redemption of Senior Secured Notes - RNS