Source - SAVE STOBART GROUP

Sourcedev_q3ovsb2019-06-15T01:19:14+00:00

¹ The market capitalisation of Stobart Group at 29 June 2017, source: London Stock Exchange

² RNS No. 1465J, Released 3 Dec 2018

⁴ 2017 Preliminary Results Presentation Financial Summary, pro-forma balance sheet. And Y/E Feb 2019 Annual Results p.8

⁵ London Stock Exchange Data (Stobart + FTSE 250), 30 June 2017 to 04 June 2019. £374.5m market capitalisation at a share price of £1.01

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Certain information included in this communication is based on information obtained from third-party sources. Save Stobart Group has not sought or obtained consent from any third party to use any statements or information indicated herein. Any such statements or information should not be viewed as indicating the support of such third party for the views expressed in the Materials. No warranty is made by the inclusion of any data or information, whether derived or obtained from public filings made by Stobart Group or from any third party, that such data or information is accurate, complete or comprehensive. Save Stobart Group recognises that there may be confidential information in the possession of Stobart Group that could lead them to disagree with our conclusions. Save Stobart Group shall not be responsible or have any liability for any misinformation contained in any Stobart Group filing or third-party report.

Any projections or analysis provided to assist the recipient of this communication in evaluating the matters described herein may be based on subjective assessments and assumptions and may use one among alternative methodologies that produce different results. Accordingly, any projections or analysis should not be viewed as factual and should not be relied upon as an accurate prediction of future results.

The Materials are for informational purposes only and may not be relied on by any person for any purpose and are not, and should not be construed as, investment, financial, legal, tax or other advice or recommendations. The Materials are not intended to be and do not constitute or contain any investment recommendation or any financial product advice under any applicable law or regulation. No information in any of the Materials should be construed as recommending or suggesting an investment strategy or as representing any opinion as to the present or future value of any financial instrument. Investors should seek their own financial, legal and tax advice in respect of any decision regarding Stobart Group.

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Nothing in the Materials is intended to be a prediction of the future trading price or market value of securities of Stobart Group. The estimates, projections, pro forma information and potential impact of Save Stobart Group's analyses set out herein are based on assumptions that we believe to be reasonable as of the date of publication, but there can be no assurance or guarantee that actual results or performance of Stobart Group will not differ, and such differences may be material. The Materials do not recommend the purchase or sale of any security. Save Stobart Group reserves the right to change any of its opinions expressed in the Materials at any time as it deems appropriate.

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