LONDON,UK - Media OutReach - 25 February 2019 - Today, February 25, 2019, BMI International EuropeLimited being Sole Global Coordinator of R.W. Chelsea Holdings Ltd (the"Issuer") Euro-denominated Global notes (the "Global Notes") issuance startsbookbuilding process for fixed rate bearer Global Notes that will continue upto 5:00 p.m. GMT March 8, 2019.

Settlementupon proposed Regulation S only Global Notes of the Issuer is set on March 8,2019. Coupon rate will be determined at the book closing, FCA / ICMAstabilization applies.

Noprospectus has been or will be approved and/or published pursuant to theDirective 2003/71/EC of the European Parliament and of the Council of 4November 2003 on the prospectus to be published when securities are offered tothe public or admitted to trading and amending Directive 2001/34/EC as amended(the "Prospectus Directive"). Neither this announcement nor any otherannouncement connected therewith may be distributed, passed on or disclosed toany other person in the European Economic Area, save as specifically agreedwith BMI International Europe Limited. BMI International Europe Limited hasrepresented and agreed that it will offer the Global Notes in the EuropeanEconomic Area only in compliance with the provisions of the ProspectusDirective and all other laws and regulations in the European Economic Areaapplicable to the offer and the sale of the Global Notes in the EuropeanEconomic Area.

NOTFOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO CANADA, JAPAN OR THEUNITED STATES OR FOR THE ACCOUNT OR BENEFIT OF U.S. PERSONS OR IN ANY OTHERJURISDICTION IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD BE PROHIBITED BYAPPLICABLE LAW