Share Buy-Back Programme

25 November 2011

Fuller, Smith & Turner P.L.C. ("the Company")

Share Buy-Back Programme

The Company announces that it will recommence the share buy-back programme that
was announced on 30 September 2011 (the "Buy-Back Programme") to buy up to a
further GBP 3 million of the company's existing issued share capital now that
the close period has ended with the publication of its interim results for the
six months ended 1st October 2011. Any shares purchased will be cancelled or
held in treasury.

In the year to date the Company has purchased 270,750 shares at a total cost of
GBP 1.822 million. 

Any acquisitions will be effected within certain pre-set parameters, and in
accordance with both the Company's general authority to repurchase shares and
Chapter 12 of the Listing Rules which require that the maximum price paid be
limited to be no more than 105 per cent of the average middle market closing
price of the Company's ordinary shares for the five dealing days preceding the
date of purchase. The Group does not intend to limit purchases by reference to
the average daily trading volumes in the Group's shares with any purchases
being funded out of the Group's cash balances and available debt facilities.

Any shares purchased under the Buy-Back Programme will count towards the
Company's general buy-back authority of 4,926,220 `A' shares ordinary shares of
40p as approved at the Company's AGM on 29 July 2011.

The Company confirms that having published its interim results on 25 November
2011, it currently has no unpublished price sensitive information.

Enquiries

 

Louise Miller

Assistant Company Secretary

020 8996 2115

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