Placing, Directors' Dealings

John Lewis Of Hungerford PLC 10 March 2008 10 March 2008 John Lewis of Hungerford plc ("the Company") Placing to raise £400,000, Directors' Dealings and Confirmation of Total Voting Rights John Lewis of Hungerford plc is pleased to announce that it has completed a placing of 20,000,000 new ordinary shares of 0.1p each in the Company ("New Ordinary Shares") at a price of 2p per share, raising £383,250 net of the expenses of issue ("the Placing"). The proceeds of the Placing will be used, predominantly, to fund the planned opening of two new showrooms in Oxford and Cambridge and to roll out the new Cool and Steamer Bay kitchen ranges to most of the Company's showrooms. Three of the Company's directors have participated in the Placing at the Placing price, as follows: Director Number of New Ordinary Shares Acquired in the Placing Jon Rosby 1,250,000 Malcolm Hepworth 750,000 Keith Bentley 500,000 Application has been made for the New Ordinary Shares, which will rank pari passu with all existing Ordinary Shares, to be admitted to trading on AIM and it is expected that such admission will be effective from 8am on 14 March 2008. Following the issue of the New Ordinary Shares the Company's issued share capital will consist of 186,745,519 ordinary shares with a nominal value of 0.1p per share with voting rights (one vote per ordinary share). The Company does not hold any ordinary shares in treasury. The figure of 186,745,519 ordinary shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Services Authority's Disclosure and Transparency Rules. The directors' beneficial interests in the issued ordinary share capital of the Company following the issue of the New Ordinary Shares pursuant to the Placing are as follows: Director Number of Shares Percentage of Enlarged Share Capital John Lewis 91,576,678 49.04% Jon Rosby 5,023,547 2.69% Charlotte Hill-Baldwin 3,773,547 2.02% Richard Worthington 3,212,186 1.72% Keith Bentley 870,000 0.47% Malcolm Hepworth 750,000 0.40% For further information please contact: Richard Worthington, Finance & Commercial Director John Lewis of Hungerford plc Tel: 07973 442331 Nicola Horton/David Abbott Smith & Williamson Corporate Finance Limited Nominated Adviser to the Company Tel: 020 7131 4000 This information is provided by RNS The company news service from the London Stock Exchange
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