Acquisition

Lookers PLC
01 November 2004

                                                               29TH October 2004


                                   LOOKERS PLC
                      AQUISITION OF VOLKSWAGEN DEALERSHIP


Lookers plc has completed the purchase of a further Volkswagen dealership with
the acquisition of Darlington Volkswagen from Mill Garages Limited for a cash
consideration of £0.8 million.  The business has annual turnover of
approximately £15 million.

The acquisition significantly extends the Group's Volkswagen territory in the
north-east of England.

Darlington Volkswagen will complement Lookers' well-established Volkswagen
dealership on Teesside and its recently announced acquisition in Northallerton
to create an effective market area.

Ken Surgenor, Lookers chief executive, said: 'I am delighted to add this latest
acquisition to our growing Volkswagen portfolio. It further strengthens our
relationship with Volkswagen and is a clear example of our strategy of building
regional presence with selected manufacturer partners.'

Last year, Lookers was awarded the Volkswagen territory for Blackburn and
Burnley in Lancashire and the Group has recently completed a £2.5m investment in
new facilities in the area.

Enquiries :

Ken Surgenor, Lookers chief executive:                       Tel : [phone]
David Dyson, group finance director:                         Tel : [phone]

Andrew Hayes/James Hill, gcg hudson sandler :                Tel : [phone]



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