1. INCA Transforming Rural Broadband29th October 2014 2014 Gigaclear Ultrafast Fibre Broadband 1 plc - Private & Confidential

2. Market opportunityA quarter of the UK is currently without access to superfast broadband Internet usage and demand for faster broadband increasing at around 40% perannum compound BT and Virgin Medias commercial roll-out plans exclude millions of homes in theUK Ongoing pressure to find more and better solutions to slow and unreliable ruralbroadband Competing solutions for rural areas, including BTs fibre-to-the-cabinet (FTTC)networks, are considered inferior to FTTP even when available9% 45% 76% 100%Virgin OnlyBT superfast coverage only(incl. commercial & non-BDUK)Gigaclear opportunity:1.5 million premisesGapBT and Virgin premisesc.2.5 c.13.0 c.22.0 c.29.0Source: Digital Communications Infrastructure Strategy, Department for Culture, Media and Sport; August 2014Number of UK premises (millions) 2014 Gigaclear Ultrafast Fibre Broadband 2plc - Private & Confidential 3. Our FTTP networksGigaclear owns 100% of the all fibre access networks Pure fibre networkfrom backhaul topremises Modular networksystem allows forparallel build out ofmultiple newnetworks Subcontracted thirdparties responsiblefor all networkbuilds No reliance on BTinfrastructure**Excluding Rutland 2014 Gigaclear Ultrafast Fibre Broadband 3plc - Private & Confidential 4. 2014 Gigaclear Ultrafast Fibre Broadband 4 plc - Private & Confidential 5. What happens next?1. Validate our top line investment case2. Engage with local community3. Set target4. Market online and locally5. Sell online and door-to-door6. Hit 100% of target7. Detailed planning with noticing to Highwaysand securing landowner wayleaves8. Network build: civil and fibre works9. End to end testing10.Customers go live 2014 Gigaclear Ultrafast Fibre Broadband 5 plc - Private & Confidential 6. 2014 Gigaclear Ultrafast Fibre Broadband 6 plc - Private & Confidential 7. 2014 Gigaclear Ultrafast Fibre Broadband 7 plc - Private & Confidential 8. Civil and fibre works 2014 Gigaclear Ultrafast Fibre Broadband 8 plc - Private & Confidential 9. How is Gigaclear installed? Gigaclear will deliver a fibre connection pointat every property we pass It is installed in the verge or just inside theproperty boundary, underground For new customers to connect to the service afibre cable needs to be connected from thisconnection point into the property Self Install no cost Boxcom installation from 95 Special arrangements for MDUs andbusiness parks 2014 Gigaclear Ultrafast Fibre Broadband 9 plc - Private & Confidential 10. How do Gigaclear prices compare?Comparison of BT andGigaclear on 03/04/13published at www.bt.com,excluding promotionsBT UnlimitedBroadband ExtraBT UnlimitedInfinity 1BT UnlimitedInfinity 2Gigaclear H50Gigaclear H50+ VonageGigaclear H1000+ VonageTransmission mediumto premisesCopper twistedpairCopper twistedpairCopper twistedpairOptical fibre Optical fibre Optical fibreContract length 18 months 18 months 18 months 15 months 15 months 15 monthsInstallation (one-off) Included Included Included DIY or from 95 DIY or from 95 DIY or from 95Connection (one-off) Nil 30 Nil 100.00 125.00 125.00Wireless Router Included Included Included Included Included IncludedLine Rental* 16.99 16.99 16.99 Nil Nil NilService Rental 21.00 23.00 26.00 38.80 38.80 69.00Anytime Calls 7.00 7.00 7.00 N/A 7.00 7.00Service+ Line Rental 44.99 46.99 49.99 37.00 44.00 76.00Download speed Up to 16 Mbps Up to 38 Mbps Up to 76 Mbps 50 Mbps 50 Mbps 1000 MbpsUpload speed Up to 3 Mbps Up to 9.5 Mbps Up to 19 Mbps 50 Mbps 50 Mbps 1000 Mbps 2014 Gigaclear Ultrafast Fibre Broadband 10 plc - Private & Confidential 11. 2014 Gigaclear Ultrafast Fibre Broadband 11 plc - Private & Confidential 12. Questions?Appendices 2014 Gigaclear Ultrafast Fibre Broadband 12plc - Private & Confidential 13. 2014 Gigaclear Ultrafast Fibre Broadband 13 plc - Private & Confidential