M&L Property & Assets Plc

(the “Company”)

Resignation of nominated adviser and broker

The Board of the Company announces that Cairn Financial Advisers LLP has resigned as nominated adviser and broker to the Company with immediate effect.

The Company’s shares were suspended from trading on AIM on 23 February 2016.

The Company's shares will continue to be suspended from trading on AIM.  In the event that a new nominated adviser is not appointed within one calendar month then the trading in the Company's shares on AIM will be cancelled pursuant to Rule 1 of the AIM Rules for Companies.

For further information, please contact:

The Directors
Barry Smith
Tel: +44 1624 699000
Asset Manager:
M & L Capital Management Limited
Tel: +44 (0)20 7584 5733

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