TIDMWREN

RNS Number : 9179C

Wren Extra Care Group PLC

14 March 2011

WREN EXTRA CARE GROUP PLC

("Wren" or the "Group")

Further company update

Wren the property development group and specialist retirement home developer of Extra Care facilities announces the following update.

It was announced on 9(th) of March 2011, that a CVA meeting was to be held on Friday 11th of March 2011 to consider, and if felt appropriate, to pass the shareholders and creditors resolutions to be proposed at the meetings, as set out and contained in the CVA Proposals posted to all shareholders and creditors on Tuesday 22(nd) of February 2011 by Antony Batty & Co.

As a result of a request received on Thursday afternoon the 10(th) of March, from advisers to the Royal Bank of Scotland Plc ('RBS'), the Company's bankers, to postpone the CVA meeting, it was agreed with the CVA Administrator, for the directors of Wren to hold meetings with RBS and then to reconvene the CVA Meeting asap thereafter.

The meeting with RBS's advisers is being held today, Monday 14(th) of March, and as a result, the deferred CVA Meeting has been reconvened for tomorrow, Tuesday 15(th) of March at the offices of Antony Batty & Co at 2pm.

Copies of the documents are available from Antony Batty and Co, 3 Field Court, Gray's Inn, London WC1R 5EF. Telephone 0207 831 1234.

Ends

Wren Extra Care Group Plc,

Brian Nathan Chairman + 44 (0) 7505 711330

James Butterfield Corporate Development Director, +44 (0) 7770 225 253

www.wrenhomesplc.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

END

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