the issue of 101 shares. Has a credit balance with JMWT Midco Limited (£27,470,001) relating to the purchase of 101 shares in JMWT Midco Ltd. 3. JMWT Midco Limited Has a debit balance with JMWT Topco Limited (£27,470,001) relating to the issue of 101 shares. Has a credit balance with JMWT Limited (£41,205,001)

2014. The only P&L movement since incorporation relates to the interest receivable/payable on the intra-group loan between JMWT Acquisition LLP and JMWT Midco Limited. Shareholders/Members Attached are the latest annual returns for JMWT Acquisition LLP, JMWT Topco Limited and JMWT Midco Limited which confirms th

and enjoy the long weekend. Regards, John. From: Ally, BIN (BRA) Sent: Friday, May 22, 2015 6:42 AM To: Peter Goodwin Cc: John Murphy Subject: JMWT Midco Limited [MACS-LIVE_LIB.F102417632] Please see attached. EFTA00694727 Bibi Ally Senior Legal Executive Madarlanes LLP DL E 20 Cursitor Street London E

be dissolved. 3. JMWT Topco Limited ("Topco") will complete a capital reduction to create sufficient distributable reserves to enable the shares of JMWT Midco Limited ("Midco") to be transferred to the shareholders as a lawful dividend in specie. £1 of share capital will remain. An application to strike off Topco

the long weekend. Regards, John. From: Ally, Bibi (BRA) [mallto: Sent: Friday, May 22, 2015 6:42 AM To: Peter Goodwin Cc: John Murphy Subject: JMWT Midco Limited [MACS-LIVE_LIB.F102417632] Please see attached. EFTA00669399 Bibi Ally Senior Legal Executive Macfarlanes LLP DD E T 20 Cursitor Street Lon

VT LLC 99.9% 100% • PHAIDON LLC (US) Fomterly: .110/MT Manager LIZ 0.1% V JMWT Acquisition LLP (UK) 100% 1 JMWT Topco Limited (UK) 100% • JMWT Midco Limited (UK) 100% JMWT Limited (UK) 100% Phaidon Press Limited (UK) 100% of each Manager: JMWT LLC 10/28/15 Managing Member: Phaidon LLC Directors:

dissolved. 3.4) JMWT Topco Limited ("Topco") wi=l complete a capital reduction to create sufficient distributable reserves=to enable the shares of JMWT Midco Limited ("Midco") to be transferred to the shareholders as a lawful dividend in specie. 40=A31 of share capital will remain. An application to strike off To

dissolved. 3. JMWT Topco limited ("Topco") will complete a capital reduction to create sufficient distributable reserves to enable the shares of JMWT Midco Limited ("Midco") to be transferred to the shareholders as a lawful dividend in specie. El of share capital will remain. An application to strike off Topco

joy the long weekend. Regards, John. From: Ally, Bibi (BRA) (mails Sent: Friday, May 22, 2015 61:1 1 To: Peter Goodwin Cc: John Murphy Subject: JMWT Midco Limited (MACS-LIVE_LIB.FID24176321 Please see attached. Bibi Ally Senior Legal Executive Macfarlanes LLP DD 2 EFTA_R1_01410645 EFTA02388529 www.mac

proposed entry by the Company into the Subscription Agreement (as defined below); 2.2 the issue of 100 ordinary shares ("Shares") by the Company to JMWT Midco Limited ("Midco") for a total subscription price of £41,205,000 (the "Subscription Price"), (the "Issue"); and 2.3 the proposed purchase by the Company o

as follows: 3. JMWT Topco Limited ("Topco") will complete a capital=reduction to create sufficient distributable reserves to enable the shares=of JMWT Midco Limited ("Midco") to be transferred to the shareholders as a lawful dividend in specie. £1 of share capit=l will remain. An application to strike off Topco

dissolved. 3. = JMWT Topco Limited ("Topco") will complete a capital=reduction to create sufficient distributable reserves to enable the shares=of JMWT Midco Limited ("Midco") to be transferred to the shareholders as a lawful dividend in specie. £1 of share capital =ill remain. An application to strike off Topco

dissolved. 3. = JMWT Topco Limited ("Topco") will complete a capital=reduction to create sufficient distributable reserves to enable the shares=of JMWT Midco Limited ("Midco") to be transferred to the shareholders as a lawful dividend in specie. El of share capital =ill remain. An application to strike off Topco

dissolved. 3. JMWT Topco limited ("Topco") will complete a capital reduction to create sufficient distributable reserves to enable the shares of JMWT Midco Limited ("Midco") to be transferred to the shareholders as a lawful dividend in specie. El of share capital will remain. An application to strike off Topco

be dissolved. 3. JMWT Topco Limited ("Topco") will complete a capital reduction to create sufficient distributable reserves to enable the shares of JMWT Midco Limited ("Midco") to be transferred to the shareholders as a lawful dividend in specie. £1 of share capital will remain. An application to strike off Topco

ved. =span>3. 40 JMWT Topco Limited ("Topco") will comple=e a capital reduction to create sufficient distributable reserves to enabl= the shares of JMWT Midco Limited ("Midco") to be transferred to the shareholders as a lawful dividend in specie. El of share capital will remain. An application to strike off Topco