UIL LIMITED

SALE OF 2020 ZDPs

UIL Limited (the "Company") announces that on 31 January 2017 the Company sold in the market 11,250 2020 ZDP Shares issued by its subsidiary, UIL Finance Limited, at a price of 133p per 2020 ZDP Share. Following this sale, UIL Limited has a holding of 932,080 2020 ZDP Shares and the total number of 2020 ZDP Shares in issue remains unchanged at 39,000,000.

Name of contact and telephone number for enquiries:

Amanda Marsh,

For ICM Investment Management Limited, Secretary

Telephone 01372 221597