Purchase of Own Securities

McInerney Holdings PLC
30 November 2007





30 November 2007

                             MCINERNEY HOLDINGS PLC

                           PURCHASE OF OWN SECURITIES

McInerney Holdings plc advises that on 30 November 2007 it repurchased a total
of 600,000 Ordinary Shares at a price of €1.20.  All of these Ordinary Shares
repurchased will be cancelled.


The Board has decided to implement a limited share buy back programme. The Board
intends to continue to make further purchases as appropriate on an opportunistic
basis.

Commenting Managing Director Barry O'Connor stated that the current pricing of
housebuilding stock in the UK and Ireland does not reflect the underlying value
of the sector.

The share buy back is within the authority granted to the Board by shareholders
at the Annual General Meeting in May 2007.


ENDS

FOR FURTHER INFORMATION:

Ivan Murphy
Davy Corporate Finance                        Tel: [phone]

Media:
Siobhan Molloy                                Tel: [phone]
Weber Shandwick                               Mob: [phone]




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