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Issue of Equity & TVR Update

26th Mar 2008 11:38

Telford Homes PLC26 March 2008 Telford Homes PLC (the "Company") 26 March 2008 Issue of Equity and TVR Update The Company announces that it has, today, made application to the London StockExchange for the admission to trading on AIM of 48,190 new Ordinary Shares of10p each to satisfy the requirements of the 2007/08 SIP Scheme. The new shares are expected to be admitted to trading on AIM on 31 March 2008. Within the SIP scheme, which is open to all employees, the maximum allocation ofshares per person for the 2007/08 tax year is 1,967 shares. Including theirallocation the table below shows the beneficial interest of all executive andnon-executive directors of the Company. Percentage of issued Director Number of shares share capital Andrew Wiseman 2,210,564 5.9Jim Furlong 1,124,973 3.0David Durant 1,066,213 2.8David Holland 981,213 2.6Sheena Ellwood 336,481 0.9Jon Di-Stefano 332,213 0.9John Fitzgerald 193,259 0.5Mark Parker 155,888 0.4Robert Clarke 111,213 0.3 Following this admission the Company's share capital and Total Voting Rightswill comprise 37,500,000 Ordinary shares. Consequently, 37,500,000 is the figurewhich may then be used by shareholders as the denominator for the calculationsby which they will determine if they are required to notify their interest in,or a change to their interest in, Telford under the FSA's Disclosure andTransparency Rules. Enquiries: Andrew Wiseman / Jon Di-Stefano - Telford - 01992 809800 Pascal Keane - Shore Capital - 0207 408 4090 This information is provided by RNS The company news service from the London Stock Exchange

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Telford Homes
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