Statement re. Press Comment

European Motor Hldgs PLC
05 December 2006

                        Statement Re: Press Speculation

5 DECEMBER 2006

                      EUROPEAN MOTOR HOLDINGS PLC ("EMH")

Further to EMH's announcement of its interim results on 18 October 2006 in which
the Board stated that it was undertaking a strategic review, EMH notes the
recent press speculation and confirms that it is in discussions with interested
parties in relation to a possible offer for EMH. The Board stresses however that
these discussions are at a preliminary stage and there is no certainty that such
discussions will lead to an offer being made for EMH.

A further announcement will be made when appropriate.

Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the Takeover Code (the "Code") if any person
is, or becomes, "interested" (directly or indirectly) in 1% or more of any class
of "relevant securities" of EMH, all "dealings" in any "relevant securities" of
that company, (including by means of an option in respect of, or a derivative
referenced to, any such "relevant securities") must be publicly disclosed by no
later than 3.30 p.m. (London time) on the London business day following the date
of the relevant transaction.  This requirement will continue until the date on
which the "offer period" ends, or is declared unconditional as to acceptances,
lapses or is otherwise withdrawn or on which the "offer" period" otherwise ends.
If two or more persons act together pursuant to an agreement or understanding,
whether formal or informal, to acquire an "interest" in "relevant securities" of
EMH, they will be deemed to be a single person for the purpose of Rule 8.3.

Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevant
securities" of EMH by EMH or by any of its respective "associates", must be
disclosed by no later than 12.00 noon (London time) on the London business day
following the date of the relevant transaction.

A disclosure table, giving details of the companies in whose "relevant
securities" "dealings" should be disclosed, and the number of such securities in
issue, can be found on the Takeover Panel's website at 
http://www.thetakeoverpanel.org.uk/.

"Interests in securities" arise, in summary, when a person has long economic
exposure, whether conditional or absolute, to changes in the price of
securities.  In particular, a person will be treated as having an "interest" by
virtue of the ownership or control of securities, or by virtue of any option in
respect of, or derivative referenced to, securities.

Terms in quotation marks are defined in the Code, which can also be found on the
Panel's website.  If you are in any doubt as to whether or not you are required
to disclose a "dealing" under Rule 8, you should consult the Panel.


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