International equipment rental company Storent Holding AS plans to issue new bonds in the amount of up to EUR 35 million this April. The use of proceeds from the bond issue will be directed towards financing the company’s further growth and development plans and refinancing the existing bonds. The issue is planned to be structured as a program with a total program size of up to EUR 50 million. Similarly to the other two existing bond issues, the Issuer plans to apply for listing of the new bonds on the Nasdaq Riga regulated market — the Baltic Bond List.

After the approval of the base prospectus by the Bank of Latvia, Storent Holding AS will announce the details of the offering, including the subscription period and terms of the issue.

The lead arranger of the bond program is Signet Bank AS, with LHV Pank AS, Šiaulių Bankas AB and Redgate Capital AS acting as distribution partners. Legal advice is provided by ZAB COBALT SIA.

This announcement does not constitute an offer or invitation to any person to subscribe for or purchase the bonds.

Baiba Onkele

Member of the Board and CFO of Storent Holding

Mobile: + 371 29340012

E-mail: baiba.onkele@storent.com

www.storentholding.com