Acquisition

Vertu Motors PLC
29 June 2007


29 June 2007

                   Vertu Motors plc ('Vertu' or the 'Group')


                                  Acquisition



Vertu Motors plc announces that it has acquired four Honda car dealerships and
one Honda motorcycle dealership in the East Midlands, through the purchase of
the entire share capital of Grantham Motor Company Limited for a cash
consideration of £4.6m. Completion took place on 28 June 2007. The acquisitions
will be funded through the Group's existing debt facility with Barclays.


The acquisition of the Honda dealerships in Grantham, Lincoln, Boston and
Retford is Vertu's first introduction to the fast growing Honda franchise and is
an excellent geographical fit with the existing Vertu Motors businesses in the
East Midlands.


The acquisition includes two freeholds, one long leasehold and one leasehold
property. The Net Asset Value as at 31 December 2006 was £1.4m, which included
£1.6m of property assets. In the year to 31st December 2006, the businesses made
£0.8m of profit before taxation with turnover of £50 million.


This acquisition brings the total number of dealerships operated by the group to
45. Vertu Motors plc is now the tenth largest motor retailer in the United
Kingdom by turnover.


Robert Forrester, CEO of Vertu Motors said:


'We are pleased to have announced our third acquisition since we listed on AIM
in December 2006, as we continue to consolidate the highly fragmented UK motor
retail market.


'We are excited to have five Honda dealerships to start our relationship with
Honda, who we regard as a key strategic partner going forward. I look forward to
working with these businesses and welcoming all our new colleagues into the
Group.'


                                     -Ends-



For further information please contact:


Robert Forrester, CEO, Vertu Motors plc, Tel: [phone]


Andrew Kitchingman, Brewin Dolphin Securities, Tel: [phone]


Jonathon Brill/Billy Clegg/Edward Westropp, Financial Dynamics, Tel: [phone]
3113






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