Update re: Plymouth City Airport

Sutton Harbour Holdings plc ("the Company")

Update re: Plymouth City Airport

Further to the recent announcement regarding the future of Plymouth City Airport, dated 15 June 2011, the Company is advised that Plymouth City Council's cabinet decision regarding approval to close the airport is expected to be given on or around 23 August 2011.

For further information, please contact:

Sutton Harbour Holdings plc

Nigel Godefroy

01752 204186

Arden Partners plc

Richard Day

Steve Douglas

Jamie Cameron

0207 614 5917

Threadneedle Communications

Graham Herring

Terry Garrett

020 7653 9850