Investor Relations

05. October 2016

NOT FOR DISTRIBUTION OR RELEASE IN OR INTO AUSTRALIA, CANADA OR JAPAN OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES OF SECURITIES WOULD BE PROHIBITED BY APPLICABLE LAW

PRESS RELEASE

DEA DEUTSCHE ERDOEL AG ANNOUNCES THE SUCCESSFUL CLOSING OF €400 MILLION 7½% SENIOR NOTES DUE 2022

DEA Deutsche Erdoel AG (the “Company”), a wholly-owned subsidiary of L1E Finance GmbH & Co KG (the “Parent”), announced today that DEA Finance SA, a wholly-owned subsidiary of the Parent, has successfully closed its offering of 7 ½% senior notes due 2022 in an aggregate principal amount of €400 million (the “Notes”).  The Notes are guaranteed on a senior basis by the Parent and on a senior subordinated basis by certain of the Parent’s subsidiaries. Interest is payable semi-annually. The Company intends to list the notes on the Official List of the Luxembourg Stock Exchange for admission to trading on the Euro MTF Market.  The gross proceeds of the offering will be used (i) to partially repay (without cancelling) certain existing debt and (ii) to pay the costs, fees and expenses related to the offering of the Notes.

Cautionary Statement

This press release is for information purposes only and does not constitute any offer to sell or the solicitation of an offer to buy any security in the United States or in any other jurisdiction. The Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or applicable state or foreign securities laws and may not be offered or sold in the United States absent registration under federal or applicable state securities laws or an applicable exemption from such registration requirements. The Notes will be offered in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act and outside the United States pursuant to Regulation S under the Securities Act. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.

This press release may include projections and other “forward-looking” statements within the meaning of applicable securities laws.  Any such projections or statements reflect the current views of the Company about further events and financial performance.  No assurances can be given that such events or performance will occur as projected and actual results may differ materially from these projections.

This communication is directed only at (i) persons who are outside the United Kingdom, (ii) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as “relevant persons”). Any investment activity to which this communication relates will only be available to, and will only be engaged in with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

Neither the content of the Company’s website nor any website accessible by hyperlinks on the Company’s website is incorporated in, or forms part of, this announcement. The distribution of this announcement into certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

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26. September 2016

NOT FOR DISTRIBUTION OR RELEASE IN OR INTO AUSTRALIA, CANADA OR JAPAN OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES OF SECURITIES WOULD BE PROHIBITED BY APPLICABLE LAW

PRESS RELEASE

DEA DEUTSCHE ERDOEL AG ANNOUNCES LAUNCH OF €400 MILLION SENIOR NOTES OFFERING

DEA Deutsche Erdoel AG (the “Company”), a wholly-owned subsidiary of L1E Finance GmbH & Co KG (the “Parent”), announced today that DEA Finance SA, a wholly-owned subsidiary of the Parent, has launched an offering of senior notes in an aggregate principal amount of €400 million (the “Notes”).  The Notes will be guaranteed on a senior basis by the Parent and on a senior subordinated basis by certain of the Parent’s subsidiaries. Interest will be payable semi-annually. The interest rate, offering price and other terms will be determined at the time of pricing of the offering, subject to market conditions. The gross proceeds of the offering will be used to (i) partially repay (without cancelling) certain existing debt and (ii) pay the costs, fees and expenses related to the offering of the Notes.

Cautionary Statement

This press release is for information purposes only and does not constitute any offer to sell or the solicitation of an offer to buy any security in the United States or in any other jurisdiction. The Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or applicable state or foreign securities laws and may not be offered or sold in the United States absent registration under federal or applicable state securities laws or an applicable exemption from such registration requirements. The Notes will be offered in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act and outside the United States pursuant to Regulation S under the Securities Act. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.

This press release may include projections and other “forward-looking” statements within the meaning of applicable securities laws.  Any such projections or statements reflect the current views of the Company about further events and financial performance.  No assurances can be given that such events or performance will occur as projected and actual results may differ materially from these projections.

This communication is directed only at (i) persons who are outside the United Kingdom, (ii) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as “relevant persons”). Any investment activity to which this communication relates will only be available to, and will only be engaged in with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

Neither the content of the Company’s website nor any website accessible by hyperlinks on the Company’s website is incorporated in, or forms part of, this announcement. The distribution of this announcement into certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

Corporate credit ratings

DEA AG is currently rated by two credit rating agencies: Standard & Poor’s and Fitch: