Trading Statement

7 January 2004 BOVIS HOMES GROUP PLC TRADING UPDATE Bovis Homes Group PLC is today issuing the following update on trading ahead of reporting the Group's final results for the year ended 31st December 2003 on 8th March 2004. The housing market during the past six months has been strong enabling the Group to increase both sales rate and profit margin compared with the first half year. Legal completions for the year ended 31st December 2003 were slightly ahead of our internal forecast, with average sales price approximately 10% above the average of the preceding year due to a combination of enhanced specification, improvement to mix, location, and general sales inflation. The operating margin is expected to show an increase over both 2002 and that reported to 30th June 2003. We now have more sales outlets in production over a wider geographic area than last year and have entered the current year with a good sales position with cumulative reservations over 10% ahead of the comparative position in 2003. With our excellent land holdings and improved product range, we are in a good position to deliver another set of positive results in 2004. Enquiries: Malcolm Harris Chief Executive Bovis Homes Group PLC Tel: 01474 872427 Andrew Best / Emily Bruning Shared Value Ltd Tel: 020 7321 5010

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