On July 19, Equinix Inc. announced increased terms for the acquisition of IXEurope plc in response to a potential rival bid. The IXEurope Board has unanimously recommended the increased offer to 140p per share to its shareholders. The transaction is expected to close in September.

Milestone Capital, the founding investor of IX Europe in 1999, has given an irrevocable undertaking to sell its shares to Equinix.

Milestone Capital has supported the management team since the company’s start-up with more than €40 million of equity invested. IX Europe is one of the only successful companies of the European datacenter industry.

Through the increased Equinix offer, funds managed by Milestone Capital would receive a return of more than 2.75 times its original investment.

For more information, please see http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=1534179&source=RNS or contact Erick Rinner at Milestone Capital (+ 44 207 420 8821)

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