AA plc

("AA" or the "Company")

12 September 2017

AA plc

Press Speculation

The AA notes yesterday's press speculation on a potential transaction with Hastings involving its insurance business.  

The AA regularly reviews all strategic options, including whether a spin-off of any of its business lines would unlock further value and be in its shareholders' interests.  We confirm that we did have preliminary discussions with Hastings in early Summer to explore a possible combination of the AA's insurance business with Hastings.

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