Completion of Sale

Terrace Hill Group PLC
05 March 2008



5 March 2008

             Terrace Hill Group PLC ('Terrace Hill' or 'the Group')

               Completed Sale of Hammersmith Property for £30.75m



Further to the announcement on 20 December 2007, Terrace Hill, the AIM-listed
property group, has completed the sale of its riverside site, Queens Wharf in
Hammersmith, to Westcity plc and Byrne Estates for £30.75m.  The Group purchased
an option to acquire the prominent development site, which is likely to be
converted into high quality residential apartments, from a private investor for
£17.0m in October 2006.



                                  * * ENDS * *



For further information please visit www.terracehill.co.uk or contact:

Philip Leech, Group Managing Director                  Tel: [phone]

Scott Richardson Brown/Luke Webster, Oriel Securities  Tel: [phone]

Isabel Crossley, St Brides Media & Finance Ltd         Tel: [phone]



Notes to editors

Terrace Hill Group PLC is an AIM-listed property group with three key divisions:
Commercial Development, Residential Investment and Development and House
Building.  It has a total development programme of £1.3bn.




                      This information is provided by RNS
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