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Kelso Place Asset Management and TMP Turnaround Capital complete IPO for £49.4 million of Ordinary Shares by Sepura PLC on London Stock Exchange

August 2007

Client(s) Kelso Place Asset Management Limited and TMP Turnaround Capital LLP

Jones Day represented Kelso Place Asset Management Limited and TMP Turnaround Capital LLP in an initial public offering of £49.4 million of Ordinary Shares on the London Stock Exchange by Sepura PLC. Jones Day represented the selling stockholder. At the time of listing the market capitalization was £200 million.

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