Transaction in Own Shares

Persimmon PLC 23 October 2007 Persimmon plc: Notice of Share Buyback Persimmon announces that on Monday 22 October 2007 it repurchased 250,000 shares to be held in treasury at an average price of 952.57 pence per share. The Board has decided to implement a limited share buyback programme, within the authority granted to it by shareholders at the Annual General Meeting in April. The Board consider that the recent weakness in share prices of companies within the housebuilding sector has provided an attractive opportunity for the Company to purchase its own shares. The Board expects that purchases will continue to be made by the Company on an opportunistic basis. Following the above purchases, Persimmon holds 250,000 shares in treasury and the total number of ordinary shares in issue (excluding treasury shares) is 302,339,247. John White, Chairman commented: 'The recent fall in the Persimmon share price has prompted us to initiate a share buyback. We remain confident of the growth opportunities available to us as a business notwithstanding the tougher macro economic conditions currently in place. We continue to be totally focussed on creating value for shareholders and growing our business, and we have a very strong balance sheet which gives us considerable flexibility. We intend to be flexible and opportunistic on the buyback for the rest of this year. The buyback will not alter any of the current investment plans that we have for Persimmon. ' For further information please contact: Persimmon plc M: Communications Mike Farley, Group Chief Executive Edward Orlebar +44 (0) 1904 642199 +44 (0) 207153 1523/ +44 mike_farley@persimmonhomes.com orlebar@mcomgroup.com Mike Killoran, Group Finance Director +44 (0) 1904 642199 mike.killoran@persimmonplc.com This information is provided by RNS The company news service from the London Stock Exchange

Companies

Persimmon (PSN)
UK 100

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