Jersey Electricity Plc Class ALSE: JEL

Statement re Press Comment

JERSEY ELECTRICITY PLC

5 September 2023

Disclosure

Press speculation

The directors of Jersey Electricity Plc note the recent press speculation regarding a potential merger with Guernsey Electricity.  The Directors have not received an approach by either the management team or the owner of Guernsey Electricity and no active discussions are taking place.

The Board of Jersey Electricity are always open to ways to enhance shareholder value for the benefit of shareholders.

Enquiries:

Fiona Wilson

Company Secretary

Jersey Electricity Plc

PO Box 45, The Powerhouse

Queens Road, St Helier

Jersey. JE4 8NY

Tel: +44 1534 505253

email: fwilson@jec.co.uk