Shareholder Letter

Terrace Hill Group PLC
16 November 2007



            Terrace Hill Group plc ('Terrace Hill' or 'the Company')

                                 Trading Update



Terrace Hill, the AIM-listed property group, has posted a letter to shareholders
giving a summary of recent positive developments previously announced.  The
letter is also available on the Company's website: www.terracehill.co.uk.



                                  * * ENDS * *



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

Philip Leech, Group Managing Director             Tel: [phone]

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 and a market 
capitalisation of around £150 million.




                      This information is provided by RNS
            The company news service from the London Stock Exchange