Following the overwhelming demand for the €20 million 6.2% Bond 2017-20 which opened and closed on the 25th of June the Board of Directors of Tumas Investments plc exercised the over allotment option thereby increasing the Bond Issue to €25 million.

4,436 applications were received for a total of €42.96 million. 1,109 applications by preferred applicants as holders of the maturing 6.7% Bonds 2010-2012 for a value of €12.9 million will be met in full. This represents an acceptance rate of circa 80% after taking into consideration the receipt of top-up amounts.

New applications from the general public totalled 3,327 for a value of €30,062,400. Due to the overwhelming demand, the directors of the company decided that applications were to be allotted as follows:

Applications for and up to €4,000 were allotted in full. Each application for amounts of more than €4,000 also received a further allotment of 5.312% rounded to the nearest €100 nominal. This means that 44.60% of total applications from the general public will be met in full. When one takes into account the applications received from Preferred Applicants, the number of applications which are being allotted in full total circa 58% of all applicants.

Interest on the bonds will commence on Saturday 10th July 2010 while allotment letters and refunds of un-allocated monies will be made by Friday 9th July 2010. The Bonds are expected to be listed on the official list of the Malta Stock Exchange, at the latest on Thursday the 15th July and trading to commence the following day on Friday 16th July 2010.

The Board of Directors of Tumas Investments plc thanks the investing public, financial intermediaries and the banks for their strong and widespread support in making this Bond Issue of the Tumas Group a great success.

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