Administrators Statement

19 July 2005

Proceedings have now been set down for trial

Joint Administrators

STATEMENT FROM THE JOINT ADMINISTRATOR OF THE WREXHAM AFC LIMITED (“THE CLUB”)
DAVID ROBERT ACLAND AND STEVEN JOHN WILLIAMS OF BEGBIES TRAYNOR

You will be aware from previous announcements that proceedings have been commenced against Crucialmove Limited. These proceedings seek an order from the court that the legal and beneficial ownership of the freehold to The Racecourse Ground be vested in the club.

At a hearing today in the High Court, London, in the face of an application for an injunction to prevent any disposal of the ground and equally of importance, to prevent any action to evict the club, Mr Hamilton on behalf of Crucialmove limited provided appropriate undertakings to the court.

The proceedings have now been set down for trial, which in the absence of any earlier conclusion or settlement, are provisionally set to take place in Birmingham during the week commencing 7th November 2005.

As previously reported, we will continue to explore the possibility of a consensual sale of the club’s assets, which remains the prime objective. In this respect, there have been previous reports that Andrew Smith (UPA) had entered into an exclusivity deal with Mr Hamilton. As we have not been provided with any formal details, we are unable to comment as to whether the period has expired or been extended or indeed whether any progress has been made between these two parties. There has however been no progress from the Administrators’ perspective.

Ends