National Milk Records plc

February 23, 2016 02:01 ET

Statement re: Milk Pension Fund

                                                                                            23 February 2016
                                          National Milk Records plc
                                          ('NMR' or the 'Company')

                                       Statement re: Milk Pension Fund

National  Milk Records plc, the ISDX-traded leading supplier of dairy and livestock services, is pleased  to
report that the Trustee of the Milk Pension Fund (the 'Fund') has announced that, with effect from 31  March
2016,  the Trustee will be using the CPI (Consumer Price Index) rather than the RPI (Retail Price Index)  to
calculate inflation related adjustments to the Fund.

The  Directors of NMR believe that this change will materially reduce the overall deficit in the Fund.   The
quantitative  effect of this change of indexation will be announced with the Company's audited  results  for
the year ended 31st March 2016.

The Directors of the Company are responsible for the contents of this announcement.

For further information on NMR, please visit

Enquiries to:

National Milk Records Plc
Andy Warne                                                       Tel: +44 (0) 7970 009141

Peterhouse Corporate Finance Limited
Duncan Vasey or Mark Anwyl                                       Tel: +44 (0) 20 7220 9796

St Brides Media & Finance Ltd
Elisabeth Cowell or Hugo de Salis                                Tel: +44 (0) 20 7236 1177


Contact Information

  • National Milk Records plc