Publication of report and accounts

FOR IMMEDIATE RELEASE

1st May 2007

                               OAK HOLDINGS PLC:                               

                      POSTING OF ANNUAL REPORT & ACCOUNTS                      

Oak Holdings plc, the AIM-listed property development and consultancy group,
that is developing the £350m YES! Project, a 1.2m sq ft covered fully
integrated mixed-use leisure and conference scheme on a 327-acre site in South
Yorkshire, announces that its Annual Report and Accounts for the year ended 31
October 2006 has been posted to shareholders and is available on the Company
website, www.oakholdings.co.uk."

                                     Ends.                                     

Contact:

Mike Hill, Finance Director, Oak Holdings plc. Tel: [phone]

Baron Phillips, Baron Phillips Associates. Tel: [phone]