Amendment to Half Yearly Report

GALLIFORD TRY PLC

AMENDMENT TO HALF YEARLY REPORT REGARDING DIVIDEND POLICY

In the half yearly report released this morning, the final sentence of the paragraph entitled Dividend contained the following "...., the group should, over time, increase the amount of the total dividend so that it represents around one third of distributable profits." This should have stated "...., the group should, over time, increase the amount of the total dividend so that it represents around one third of profits before tax." and the half yearly report will be amended accordingly.

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