Inchcape plc (the "Company")
14 May 2010
Treasury Shares
The Company announces that, on 14 May 2010, it:
· sold 2 of its ordinary shares of one penny each held in treasury at a price of 32 pence per share; and
· it cancelled 4 of its ordinary shares of one penny each held in treasury.
Following the above sale and cancellation, the Company holds a total of 26,875,600 ordinary shares in treasury, and has 4,604,019,330 ordinary shares of one penny each in issue (excluding treasury shares).
Ends
Group Communications, Inchcape plc
+44 (0) 20 7546 0022
Investor Relations, Inchcape plc
+44 (0) 20 7546 8209
Financial Dynamics (Jonathon Brill/Billy Clegg)
+44 (0) 20 7831 3113
www.inchcape.com
Notes to editors
About Inchcape:
Inchcape is a leading, independent international automotive distributor and retailer operating in 26 markets and has diversified multi-channel revenue streams including sale of new and used vehicles, parts, service, and finance and insurance.
Inchcape's vision is to be the world's most customer-centric retailer and represents some of the world's leading automotive brands, including Toyota, Lexus, Subaru, BMW, Mazda, Mercedes-Benz, Volkswagen, Audi, Honda, Land Rover and Jaguar.
Inchcape, which has been listed on the London Stock Exchange since 1958, is headquartered in London, employs around 15,000 people and has scale operations in the UK, Singapore, Australia, Hong Kong, Greece, Belgium and Russia.