Commanding Retail Presence Taken in Sydney

Inchcape PLC
15 November 1999

Inchcape Takes Commanding Retail Presence in Sydney

Inchcape plc has acquired two separate dealer groups in Sydney. The
acquisitions of the Denlo Group and Chatswood Classic Cars, together with
earlier retail investments, give Inchcape a commanding position in automotive
retailing in Sydney for three of the brands it imports into Australia -
Volkswagen, Jaguar and Peugeot - and will provide direct access to around
10,000 new customers. The two businesses acquired have combined net assets of
approximately £10 million.

The Inchcape Group's total net assets in Sydney retail now stand at around £14
million. Inchcape accounts for 75% of Volkswagen and Jaguar sales and over 30%
of Peugeot sales in the Sydney market, which represents some 40% of imported
car sales in Australia.

Peter Johnson, Inchcape Group Chief Executive, said: 'The investment is in
line with Inchcape's strategy of integrating our automotive distribution
businesses into retail in markets where we can develop a commanding retail
presence.  This not only brings us closer to the customer, but also improves
asset utilisation and delivers operational efficiencies.  In addition, the
achievement of scale in retail allows for more cost effective customer
marketing'.


Issued by and             Inchcape plc
enquiries to:             Stephen Clark                         0171-546 8250
                          Group Communications Director

                          Bridget Gander                        0171-546 8394
                          Head of Investor Relations