Trading Statement

Medsea Estates Group PLC
26 September 2007



                                 Medsea Estates
                                ('The Company')

                               Trading statement

The Directors of the Company announce that the interim results for the period to
30 June 2007 will contain information about the higher than expected level of
cancellations in respect of sales accrued as at 31 December 2006. As a result,
the interim results will disclose a small profit before taxation and the
Directors therefore expect that although the level of current trading is
encouraging, the trading results for the year ending 31 December 2007 are likely
to be below market expectations.

Further details will be contained in the announcement of the interim results due
to be released on 28 September 2007.

For further information please contact

HB Corporate
Ed Hutton/ Rachel Kane /Imran Ahmed                       020 7510 8600

Threadneedle Communications
Alex White / Josh Royston                                 020 7936 9665


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