Potential sale of SW site

LPA Group PLC
27 November 2007


LPA Group PLC


Potential sale of Saffron Walden site


LPA Group PLC ('LPA' or 'the Group') is a manufacturer and distributor of
lighting, power and electronics systems


In line with the Group's strategy, as outlined in the Annual Report published on
24 January 2007, the board has been evaluating a possible sale of its freehold
site at Saffron Walden, where there is potential to realise value for
shareholders by relocating manufacturing activity and selling the site for
residential re-development.

The board appointed King Sturge to advise on a fair value of the site and
separately sought and received a conditional offer of £2.2m for the 1.4 acre
site from a major house-builder. This offer is in excess of both the £0.5m book
value and the £1.045m existing use value.

An initial assessment of the site by King Sturge suggests that a sale could
realise a value in excess of the current offer. Given the potential profit from
a site sale, King Sturge has been instructed to begin formally marketing the
site and help identify suitable alternative premises to which to re-locate
manufacturing activity.

Peter Pollock, Chief Executive, comments:

'We are committed to maximising shareholder value. Given the interest in the
site and the significant potential profit that could be realised from a sale,
and the current window of opportunity allowed by the previously indicated gap in
our Saffron Walden programme, between the conclusion and recommencement of major
rail project work, we are actively assessing the cost and other issues
surrounding the relocation of  activities from the site.'


                                                                27 November 2007

ENQUIRIES:

LPA Group PLC
Peter Pollock, Chief Executive                                Tel:  [phone]
Steven Brett, Finance Director                                Tel:  [phone]

Landsbanki Securities
Thilo Hoffman                                                 Tel: [phone]

College Hill
Gareth David                                                   Tel [phone]


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