C&C Group plc

Background C&C, as a public company with its securities admitted to trading on the Irish Stock Exchange, is obliged to comply with the insider list requirements of the Market Abuse Regulations and Market Abuse Rules aimed at protecting the financial markets from market abuse. C&C’s failure to comply with its obligations in relation to the proper maintenance and updating of Insider Lists was identified by the Central Bank. Sanctions Decision Factors The penalty imposed reflects the importance of the requirement to properly maintain and update insider lists. It also reflects the Central Bank’s view as to the seriousness of the breaches outlined above. In deciding the appropriate penalty to impose, the Central Bank also took C&C’s co-operation into account and the early stage in the market abuse administrative sanctions procedure at which the settlement was reached. C&C has confirmed to the Central Bank that it has rectified the breaches in question and that since 2009 it has implemented a number of other changes to its practice and procedures regarding the maintenance and updating of insider lists. The Central Bank confirms that the matter is now closed. - End - The Central Bank of Ireland entered into a Settlement Agreement on 30 January 2013 with C&C Group Plc in relation to breaches of the Market Abuse (Directive 2003/6/EC) Regulations 2005 (as amended).