Issue of Equity

1 December 2014

Telford Homes Plc

("Telford Homes" or the "Company")

Issue of Equity

The Company announces that it has, today, made application to the London Stock Exchange for the admission to trading on AIM of 80,414 new Ordinary Shares of 10p each ("Ordinary Shares") to satisfy the requirements of the unapproved share option scheme.

The new shares are expected to be admitted to trading on AIM on 5 December 2014.

Following this admission the Company's share capital and Total Voting Rights comprises 59,726,914 Ordinary Shares and the Company does not hold any shares in treasury. Consequently, 59,726,914 is the figure which may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Telford Homes under the FSA's Disclosure and Transparency Rules.

Enquiries:

Telford Homes Plc

Andrew Wiseman / Jon Di-Stefano 01992 809800