Statement re press speculation

HORIZON

26, April, 2010 For Immediate Release

Horizon Acquisition Company plc ("Horizon")

(Ticker symbol: HZN)

Statement re press speculation

Horizon has noted the press speculation that it is in discussions with Crest Nicholson.

Horizon confirms that, in line with the strategy set out in its prospectus published on 4 February, 2010, Horizon is in preliminary discussions with several different companies, including Crest Nicholson, with a view to potentially executing a transaction with one of them. At this point, no view can be expressed as to whether a transaction will result from any of these discussions.

Horizon notes that, in line with its prospectus, Horizon will not acquire more than one company.

Further announcements will be made as appropriate.

Enquiries:

Citigate Dewe Rogerson


Anthony Carlisle Tel: 020 7638 9571 Mobile: 07973 611 888