Share Repurchase Programme

Inchcape PLC
21 December 2007

                                  INCHCAPE PLC

               NOTICE OF CLOSE PERIOD SHARE REPURCHASE PROGRAMME

Inchcape, ('Inchcape' or the 'Company'), announces today that it will commence
an irrevocable, non-discretionary programme through Dresdner Kleinwort to
purchase ordinary shares of 25p each in the Company on its own behalf during its
close period which commences on 1 January 2007 and ends on the publication of
Inchcape's Preliminary results on 26 February 2007.

Any acquisitions will be effected within certain pre-set parameters, and in
accordance with both Inchcape's general authority to repurchase shares and
Chapter 12 of the Listing Rules, which requires that the maximum price paid be
limited to no more than 105 per cent of the average middle market closing price
of Inchcape's Ordinary Shares for the five dealing days preceding the date of
purchase.

For further information, please contact:

Group Communications, Inchcape plc
[phone]

Investor Relations, Inchcape plc
[phone]

Financial Dynamics (Jonathon Brill/Billy Clegg)
[phone]


Notes to editors

Inchcape plc

Inchcape plc is the leading independent, international automotive retailer, with
scale operations in Australia, Belgium, Greece, Hong Kong, Singapore and the
UK.  The Group also has operations in a number of other markets, including
Eastern Europe, the Baltics, Russia and South America.  In addition to growing
its core businesses, Inchcape is looking to develop scale operations in new and
emerging regions.  It represents leading automotive brands and operates either a
retail, or a vertically integrated retail model (i.e. exclusive distribution and
retail), depending on the market.  Inchcape's current key manufacturer partners
are Toyota/Lexus, Subaru, BMW, Mazda, Mercedes-Benz, Volkswagen, Audi and Honda.

For further information, visit us at www.inchcape.com






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