Interim Management Statement

Mountview Estates PLC
15 August 2007


INTERIM MANAGEMENT STATEMENT

Interim Management Statement - 15 August 2007

Mountview Estates P.L.C. ('the Group'), which holds its AGM today at 11.30am
publishes its first Interim Management Statement, as required by the UK Listing
Authority's Disclosure and Transparency Rules covering the period from the
beginning of the Group's financial year, 1 April 2007 to date.

Total revenue for the thirteen weeks to 30 June 2007 was almost 5% higher than
the same period last year. However at this early stage it is difficult to
forecast the revenue for the full six months.

Trading is in line with the Board's expectations and purchasing activity has
been strong. For the period from 1 April 2007 to 15 August 2007 our purchase
expenditure matched the total for the year ended 2006/2007 and this gives us a
solid base for our future sales. We are confident that this trend is going to
continue despite an ever increasingly competitive market place.

As at 30 June 2007 the Group has increased its loan with Barclays Bank to £25
million in order to facilitate its purchases, and has renegotiated its
facilities with HSBC Bank.

There have been no other significant changes in the position of the Company over
the period since the publication of its Report and Accounts for the year ended
31 March 2007.

Overall, the Board continues to be pleased with the progress being made. The
results for the six months ending 30 September 2007 will be announced in
November 2007.



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