Interim Management Statement

Mountview Estates PLC
14 February 2008



Interim Management Statement - 14 February 2008

Although total revenue for the three months to 30 June 2007 was higher than for
the same period of the previous year, the housing market has since weakened.

The main feature of the Interim Management Statement issued on 15 August 2007
was the strength of the Group's purchasing activity. This trend has continued
and purchases for the nine months to 31 December 2007 exceeded £40 million.
Furthermore on 31 January 2008 we completed the £43 million purchase of the
Magdalen Park Estate in Earlsfield (south west London).

The Group's loan from Barclays Bank is now £75 million and facilities with HSBC
Bank have also been renegotiated. Interest charges will inevitably be much
increased but purchases of this quality secure the future of the Company.

The interim dividend of 50 pence per share is payable on 31 March 2008 and the
preliminary announcement of the full year's results for the Group will be made
on 26 June 2008.


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