Regulatory News Service                                                                               

EMI Group Finance (Jersey) Limited

(incorporated in Jersey with limited liability with registered number 85986)

U.S. $243,343,000 5.25% Guaranteed Convertible Bonds due 2010 guaranteed by EMI Group Limited (formerly known as EMI Group plc) and Capitol Records, Inc. and convertible into 5.25% Exchangeable Redeemable Preference Shares of EMI Group Finance (Jersey) Limited which are immediately exchangeable for ordinary shares in EMI Group Limited (the “Bonds”)

NOTICE OF CONVERSION

EMI Group Finance (Jersey) Limited announced today that all of the outstanding Bonds have been converted in accordance with Condition 6(d) of the terms and conditions of the Bonds.

The Bonds are listed on the London Stock Exchange.  The Bonds will be delisted and there are no further Bonds outstanding.

8 October 2007

EMI Group Finance (Jersey) Limited

22 Grenville Street

St Helier

Jersey

JE4 8PX

EMI Group Limited
27 Wrights Lane
London W8 5SW