Acquisition

Lookers PLC
16 October 2003

                                                                 16 October 2003


                                  LOOKERS PLC

                                  ACQUISITION


Lookers plc announces that it has signed Heads of Agreement to acquire two
Vauxhall dealerships in Lisburn and Portadown.


This transaction is expected to complete between now and the end of the month
when further information will be released.



Enquiries:


Fred Maguire, Chairman                       Telephone:       [phone]
Ken Surgenor, Chief Executive
David Dyson, Finance Director

James Hill, Hudson Sandler                   Telephone:       [phone]






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