Purchase of Own Shares

Inland PLC 27 March 2008 Inland PLC Purchase of own shares For immediate release 26 March 2008 Inland PLC ('Inland') announces that it has today purchased 1,000,000 of its own shares into treasury at an average price of 28 pence. It holds no other shares in treasury. Following these purchases, Inland has 161,150,059 shares in issue (excluding shares held in treasury). Inland is building up a portfolio of development properties, which are in areas where demand for housing exceeds supply, and has been making steady progress with the planning approval process, in spite of the complexities of the UK planning system. The board believes that its planning activities have increased the value of its development projects, which are expected to be sold to housebuilders over the medium term, even after allowing for current expectations for house prices. It is purchasing its own shares because the market price is at a considerable discount to its net asset value per share. This information is provided by RNS The company news service from the London Stock Exchange

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Inland Homes (INL)
UK 100

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