Re A Share Purchase

Grafton Group PLC
09 March 2005























9th March 2005









                               Grafton Group plc



                       Notice to Holders of Grafton Units





Grafton Group plc (the 'Company') hereby gives notice to all holders of Grafton
Units on the Company's Register of Members at the close of business on 18th
March 2005 (the 'Record Date') that the Company will purchase one 'A' Ordinary
Share per Grafton Unit held at the Record Date under the Company's Articles of
Association (pursuant to section 211 of the Companies Act 1990), on 29th March
2005, for seven cent cash for each 'A' Ordinary Share purchased.



Cheques in settlement will issue to holders of Grafton Units on 29th March 2005.



All purchased 'A' Ordinary Shares will be cancelled by the company upon
purchase.



Dated: 9th March 2005



Charles Rinn

Secretary

Grafton Group plc

Heron House

Corrig Road

Sandyford Industrial Estate

Dublin 18



This announcement has been issued through the Companies Announcement Service of
                           the Irish Stock Exchange.




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