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Max Property Group Plc (“Max”) became the UK’s first Initial Public Offering of 2009 when it joined AIM on 21 May 2009, following the £220 million sale of shares at 100p per Share

Max is a Jersey-incorporated closed-ended real estate investment company. It has a highly experienced Board, chaired by Aubrey Adams, and will be externally managed by Prestbury Investments, which is owned and managed by a team led by Nick Leslau and Mike Brown.

The Max Management Team has a significant alignment with Shareholders’ interests, having invested £25 million in Max shares, with a further £35m committed by affiliated investment funds of Och-Ziff Capital Management Group LLC.

The Management Team of Nick Leslau, Mike Brown, Sandy Gumm and Tim Evans, has a long and successful track record of creating value for shareholders throughout the economic cycle by investing in and managing properties in a wide range of real estate asset classes.

Prestbury Investments is the partnership through which the Management Team operates, and it and its associates will provide deal flow throughout the expected five-year Investment Period.

The Company’s strategy is to exploit the current cyclical weakness in the UK real estate market through opportunistic investment and active management with a view to realising cash returns for Shareholders over an investment cycle of approximately seven and a half years.

Morgan Stanley is acting as bookrunner, Lead Manager and Nominated Adviser to Max and is also acting as Joint Broker with Oriel Securities.