Trading Update

Inland PLC
31 July 2007


For Immediate Release                                               31 July 2007



                                   Inland plc

                          ('Inland' or the 'Company')



                                 Trading Update



Inland, which specialises in buying brownfield sites and enhances their value by
obtaining planning permission, today announces the following trading update
ahead of the Company's preliminary results for the year ended 30 June 2007,
which will be announced on Monday 1st October 2007.



Following the successful admission to AIM listing and £50 million (before
expenses) fundraising for the Company, the Group continues to make good progress
in targeting brownfield opportunities in the South and South east of England.
By listing Inland on AIM and strengthening the Company's balance sheet, our
visibility within the marketplace particularly with land vendors and their
agents has been greatly enhanced.



Land Acquisitions and Disposals



In the period under review, Inland has successfully disposed of three sites in
Beaconsfield, Bucks, Uxbridge, Middlesex and Northwood Middlesex all following
successful identification of the development potential, negotiation of the
purchase and the subsequent grant of planning permission.  The site in Northwood
was of particular note having produced an average return on equity of circ.
160%.



These disposals confirm Inland's ability to unlock substantial returns in a
market that is perceived to be under pressure from rising interest rates and a
complex planning system that continues to deteriorate and frustrate the release
of housing land in the U.K.



Since the flotation of the Company, the Group has acquired or agreed terms to
purchase 7 sites representing approximately 152 residential plots and
25,000ft.sq. of office accommodation. This is in addition to the acquisition of
The West Wing at Ashford & St Peters Hospital, Middlesex, upon which a detailed
planning application is shortly to be submitted for 170 apartments on the land
concerned.



A planning application for 399 residential units and 95,000 sq ft of commercial
space has now been submitted on its flagship site in Farnborough, Hampshire
after extensive pre-planning consultation.  Further applications will be made on
this site once certain matters have been resolved.



Planning constraints



Inland's management team has many years experience of successfully negotiating
the labyrinth that has become the UK planning system.  Whilst the system shows
little sign of improvement, the management team has a successful track record in
obtaining planning consents and creating significant value for shareholders.
The planning system continues to represent a major obstacle to meet the demand
for new housing which significantly outstrips the current supply.



Corporate Activity



Inland has recently announced an indicative offer of 6p per share for Poole
Investments plc ('Poole').  Poole's primary asset is a 9.5 acre site in
Hamworthy which would make an excellent addition to Inland's existing land bank.
  Poole sits firmly within our stated strategy of identifying and acquiring
strategic investments in quoted and unquoted companies.



Outlook



Despite a climate of rising interest rates and an over complicated planning
system, there is still an acute shortage of land with planning permission,
Inland continues to demonstrate its ability to identify opportunities and create
value.  With the current government committed to increasing house building from
200,000 to 240,000 new homes a year by 2016, greater emphasis will be placed on
urban regeneration and brownfield development.  Inland's ability to secure a
steady pipeline of new sites continues and our current land bank that is owned,
controlled or where offers have been agreed comprise of 17 sites representing
over 1,000 residential plots with a gross development value of approximately
£250m.  In addition we have commercial space within several schemes totalling
120,000sq ft.



The Board has confidence in Inland's ability to continue to generate significant
returns and increase underlying value and we believe the next 12 months should
represent a further substantial period of growth.







For further information please contact:

Inland Plc                                                   Tel: [phone]
Stephen Wicks, Chief Executive
Nishith Malde, Finance Director

Buchanan Communications                                      Tel: [phone]
Jeremy Garcia / Susanna Gale







About Inland plc



Inland plc is a dynamic developer of urban regeneration projects around Southern
England. Predominantly specialising in brownfield developments, the Inland team
can provide solutions to a variety of difficult and sensitive land situations.



Inland successfully navigates the complex planning system, applying meticulous
attention to detail throughout the design process whilst utilising its close
working relationships with local authorities. Our ability to secure sites often
overlooked by others, means our track record in the development of brownfield
opportunities is second to none.



Dawnay, Day Corporate Finance Limited is the Nominated Adviser. David Floyd and
Alex Stanbury can be contacted on 020 7509 4570.










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