Isle of Man Enterprises plc

OFFER TO BUY BACK SHARES AND DELISTING FROM PLUS

On 1 November 2011 Isle of Man Enterprises plc (the “Company”) announced an offer to buy back up to 20,177,468 ordinary shares (approximately 30% of the current issued ordinary share capital of the Company) at a price of 11.5 pence per ordinary share (“the Offer”) and an invitation to subscribe for Shoprite Bonds paying 2% cash interest per annum plus 3% Grocery Vouchers per annum and due for repayment in 2017 (the “Invitation”).  The Invitation is only open to shareholders who have accepted the Offer and who are resident in the Isle of Man.

The Offer and the Invitation will close on 6 December 2011 at 1.00 pm.

The Offer and Invitation documents are available below and will be posted to all shareholders who were on the register on 28 October 2011.  Authority for the buy-back was granted on 1 July 2011 at the Annual General Meeting of the Company. 

The Company can also confirm that the delisting from PLUS, which was approved at the Company’s Annual General Meeting on 1 July 2011, will take effect from 7.00 am on 3 January 2012. 

Isle of Man Enterprises plc Offer to Buy Back Shares 1 November 2011

Isle of Man Enterprises plc Bond Invitation 1 November 2011

Isle of Man Enterprises plc Interim Report for the 28 Weeks Ended 16 July 2011