Centerbridge Partners Europe, LLP ("Centerbridge") announced on September 23, 2020 that it does not intend to make an offer for AA plc (LSE:AA.) and accordingly, discussions with the Board of AA have been terminated by mutual agreement. For the purposes of Note 3 on Rule 2.8 of the Code, it is confirmed that TowerBrook Capital Partners (U.K.) LLP (TowerBrook") is continuing to consider making an offer for AA, and the restrictions contained in Rule 2.8 of the Code will not apply to it.