Purchase of Brownfield Site

Inland PLC 16 April 2007 For Immediate Release 16 April 2007 Inland plc ('Inland' the 'Company') Brownfield site purchased from Ashford & St Peters Hospitals NHS Trust Inland, which specialises in buying 'brown field' sites and enhancing their value by obtaining planning permission is pleased to announce the unconditional purchase of a substantial brownfield site which formed part of Ashford Hospital for a total consideration of £7m. The site is at the junction of London Road (A30) and Town Lane and is approximately 2 miles from Heathrow Airport. A planning application is being prepared for a residential development of circa 160 homes together with new parking facilities for the hospital. Inland acquired the land from Ashford and St Peters Hospitals NHS Trust who will use the receipt of the sale to improve facilities on the adjoining hospital. Stephen Wicks the Inland CEO commented 'We are delighted to have secured this important brownfield site on favourable terms for the Company and are confident in obtaining planning permission and thereby enhance its value to provide an excellent return on capital.' For further information please contact: Inland Plc Tel: 01923 713 600 Stephen Wicks, Chief Executive Nishith Malde, Finance Director Dawnay, Day Corporate Finance Limited, Nominated Tel: 020 7509 4570 Adviser David Floyd Alex Stanbury Buchanan Communications Tel: 020 7466 5000 Jeremy Garcia Susanna Gale About Inland plc Inland plc is a dynamic developer of urban regeneration projects around Southern England. Predominantly specialising in Brownfield developments, the Inland team can provide solutions to a variety of difficult and sensitive land situations. Inland successfully navigates the complex planning system, applying meticulous attention to detail throughout the design process whilst utilising its close working relationships with local authorities. Our ability to secure sites often overlooked by others, means our track record in the development of Brownfield opportunities is second to none. This information is provided by RNS The company news service from the London Stock Exchange

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