Completion of Acquisition

Lookers PLC
29 October 2007

                                                                 29 October 2007

                                  Lookers plc

           Completion of acquisition of Dutton Forshaw Group Limited

Lookers plc ('Lookers'), one of the UK's leading motor retail groups, is pleased
to announce the completion of the acquisition of the entire issued share capital
of Dutton Forshaw Group Limited ('Dutton Forshaw'), the motor retail division of
Lloyds TSB Asset Finance Division Limited for a total consideration of
approximately £53million.

Dutton Forshaw comprises 31 outlets operating under the Dutton Forshaw and
Dovercourt brands.   The acquisition is in line with Lookers stated strategy to
expand the market areas in which it operates and partnerships with preferred
manufacturers. Dutton Forshaw will increase the Group's total number of Ford
outlets from one to eight, Mercedes-Benz outlets from four to eight and VW
outlets from five to nine. Other outlets acquired include Chevrolet, Chrysler
Jeep and Dodge, Citroen, Honda, Hyundai, Land Rover, Peugeot and Skoda.

Commenting on the acquisition Ken Surgenor, Chief Executive, said:

'We are delighted to welcome our new colleagues into the Group and look forward
to developing the operations as part of the enlarged Lookers business.'

For further information:

Lookers plc                                               Telephone:  [phone]
Ken Surgenor, Chief Executive
David Dyson, Finance Director

Hudson Sandler                                            Telephone:  [phone]
Andrew Hayes / Nick Lyon / Kate Hough




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