Transaction in Own Shares

Inchcape PLC
18 April 2005

18 April 2005
                                                    .

                                  Inchcape plc

                  Commencement of share re-purchase programme


Inchcape plc ('the Company') announces that on 15 April 2005 it commenced the
buy-back of ordinary shares in the Company up to a value of £65 million
(representing approximately 4% of the Company's issued share capital) as
previously announced at its Preliminary Results on 28 February 2005.


Authorisation for the buy-back was granted by shareholders at the Company's
Annual General Meeting on 13 May 2004.


On 15 April 2005 the Company purchased 110,000 ordinary shares of 150p each.
The price paid was 1939p.  The Company intends to hold these shares in treasury.


Following the purchase of these shares, the Company holds 110,000 of its shares
in treasury and has 79,607,265 shares in issue (excluding treasury shares).






                      This information is provided by RNS
            The company news service from the London Stock Exchange