Result of EGM

Gleeson(M J)Group PLC
29 July 2005





                              M J Gleeson Group plc

          Shareholders Approve MBO of Building Contracting Activities

M J Gleeson Group plc, the construction services, homes and property group,
announces that, at an Extraordinary General Meeting held today, the sale by its
subsidiary Gleeson Construction Services Limited of certain assets and
liabilities of its building contracting operations to a management buy out team
was approved.

The proxy votes cast were as follows:

For: 22,906,838

Against: 169,072

Abstentions: 585,077

Group Chairman Dermot Gleeson said:

'I would like to thank our shareholders for supporting a proposal which I
believe will greatly strengthen the Gleeson Group's long term prospects.

I would also like to take this opportunity to thank our Chief Executive, Terry
Massingham, very warmly for the energy, skill and commitment he has displayed
since his appointment in March. Now that the MBO has been approved, I propose to
complete the transfer of my executive responsibilities to Terry by the beginning
of October 2005. I will however, remain an active Chairman, focusing principally
on the development of Group strategy.'

Enquiries:

M J Gleeson Group PLC                                             020-8644 4321
Dermot Gleeson (Chairman)
Terry Massingham (Chief Executive)
Colin McLellan (Finance Director)

Close Brothers                                                    020-7655 3100
Peter Alcaraz
Gareth Davies

Bankside Consultants                                              020-7367 8851
Charles Ponsonby




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