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LOCK AS: LOCK AS ANNOUNCES TERMINATION OF CONSENT SOLICITATION
OSLO, Norway, December 19, 2014 - On December 17, 2014, Lock AS (the " ") announced the commencement of a solicitation (the " ") of consents (the " ") upon the terms and subject to the conditions set forth in a consent solicitation statement (as it may be amended or supplemented from time to time, the " "), dated as of December 17, 2014, to certain proposed amendments to the indenture dated November 7, 2014 and as amended and supplemented from time to time, among the Issuer, Deutsche Trustee Company Limited, as Trustee, Deutsche Bank AG, London Branch, as Principal Paying Agent and Calculation Agent and Deutsche Bank Luxembourg S.A., as Registrar and Transfer Agent, pursuant to which the Issuer's EUR150,000,000 aggregate principal amount of euro-denominated 7% Senior Secured Notes due 2021 and EUR100,000,000 aggregate principal amount of euro-denominated Senior Secured Floating Rate Notes due 2020 were issued and (ii) the Temporary Notes Escrow Agreement (as defined in the Consent Solicitation Statement).
The Issuer was informed today that the vendor of the Spanish Acquisition (as defined in the Consent Solicitation Statement) has received the required approval of the Spanish Ministry of Economics, and the Issuer expects to complete the Spanish Acquisition prior to January 4, 2015. As a result, the proposed amendments set out in the Consent Solicitation Statement are no longer required by the Issuer and the Issuer has therefore terminated the Solicitation effective immediately. No Consent Payment (as defined in the Consent Solicitation Statement) will be paid to any holder of Notes that provided or provides its Consent prior to or after the termination of the Solicitation.
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