REG-Hilton Ventures PLC: Loan Agreement

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Thu Jul 31, 2008 6:50am EDT 

                                                                                                                       . 
31 July 2008  

                              HILTON VENTURES PLC                              

                  COMPLETION OF �1.15 MILLION LOAN AGREEMENT                   

The Directors of Hilton Ventures Plc (PLUS:HTVO) ("Hilton Ventures" or "the
Company"), the  short-term property finance company, are pleased to announce
that following the Company's announcements of 29 November 2007, 4 July 2008 and
25 July 2008, the loan agreement between Northern Lynx and Hilton Ventures for
�1.15 million has now been duly executed.

 

The loan is for a period of eighteen months and carries an interest rate of
7.5 per cent. In conjunction with the loan, Northern Lynx has been granted an
option to subscribe for 600,000,000 ordinary shares of 0.075p each at a price
of 0.25p per share, which is an equivalent value of �1.5 million.

The Directors of Hilton Ventures accept responsibility for this announcement. 


                                   - Ends -                                    

 
For further information:

Hilton Ventures Plc    Graham Alcock                      Tel: 0161 886 0500

Atlantic Law Llp       Andrew Greystoke/Shalina Jinnah    Tel: 020 7616 2888

Gth media relations    Toby Hall / Christian Pickel       Tel: 020 7153 8039/8036



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