Statement re Baggeridge Brick

Michelmersh Brick Holdings PLC
15 June 2007

                         Michelmersh Brick Holdings plc

                                ('Michelmersh')


Statement regarding Baggeridge Brick PLC

The Board of Michelmersh has noted the announcement earlier today by
Wienerberger Finance Service B.V ('Wienerberger') of its further increased offer
for Baggeridge Brick PLC ('Baggeridge') which Wienerberger expects to be
declared wholly unconditional upon completion of the acquisition of 13,236,336
Baggeridge shares due to be acquired by Wienerberger on 28 June 2007.

The Board of Michelmersh had announced on 4 June 2007 that it was continuing to
evaluate a possible offer for Baggeridge at a price of not less than 225 pence
per share. The Board of Michelmersh now confirms that it will not be proceeding
with an offer for Baggeridge.


Eric Gadsden, Chairman of Michelmersh, commented:  'The final offer price of 247
pence per Baggeridge share offered by Wienerberger confirms our view that the
initial offer by Wienerberger of 211.65 pence per Baggeridge share significantly
undervalued the inherent value within Baggeridge.  The subsequent offers by
Wienerberger of 220 pence and 230 pence per Baggeridge share continued to fall
short of representing full value for Baggeridge shareholders.'



Michelmersh is currently considering its position in respect of its 23.12 per
cent. shareholding in Baggeridge, acquired at an average price of 214.8 pence
per share.





Enquiries:



Charles Stanley Securities              020 7149 6000
Russell Cook
Anthony Noakes



Tavistock Communications                020 7920 3150
Jeremy Carey
Richard Sunderland



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