Offer Update

Persimmon PLC
12 March 2001


          Not for release, publication or distribution in or into the
             United States of America, Canada, Australia or Japan


                                 Persimmon plc
                 Recommended final Offer for Beazer Group Plc
                         Mix and Match Election closes


Persimmon announces that in accordance with the terms of the Offer made by ABN
AMRO on behalf of Persimmon and in accordance with the announcement made on 28
February 2001, the Mix and Match Election closed at 3.00 p.m. today.

The extent to which elections under the Mix and Match Election will be
satisfied, if at all, will be announced as and when the Offer has become, or
is declared, unconditional in all respects.

Terms defined in the Offer Document dated 5 February 2001 have the same
meaning in this announcement save where the context requires otherwise.


Press enquiries:

Persimmon      Geoff Grewer, Group Company Secretary        01904 642 199
                                                                         
Finsbury       Ed Orlebar / Faeth Finnemore                 020 7251 3801

The Persimmon Directors accept responsibility for the information contained in
this announcement.  To the best of the knowledge and belief of the Persimmon
Directors (who have taken reasonable care to ensure that such is the case) the
information contained in this announcement is in accordance with the facts and
does not omit anything likely to affect the import of such information.

ABN AMRO Corporate Finance Limited, which is regulated in the United Kingdom
by The Securities and Futures Authority Limited, is acting for Persimmon and
no-one else in connection with the Offer and will not be responsible to anyone
other than Persimmon for providing the protections afforded to customers of
ABN AMRO Corporate Finance Limited or for giving advice in relation to the
Offer.

The Offer is not being made, directly or indirectly, in or into, or by the use
of mails or any means or instrumentality (including, without limitation,
telephonically or electronically) of interstate or foreign commerce of, or any
facility of a national securities exchange of, the United States, Canada,
Australia or Japan and the Offer will not be capable of acceptance by any such
use, means, instrumentality or facilities from within the United States,
Canada, Australia or Japan.  Accordingly, copies of this announcement are not
being, and must not be, directly or indirectly, mailed or otherwise forwarded,
distributed or sent in or into or from the United States, Canada, Australia or
Japan and persons receiving this document and any related document (including
custodians, nominees and trustees) must not mail or otherwise forward,
distribute or send it in or into or from the United States, Canada, Australia
or Japan. Doing so may render invalid any purported acceptance of the Offer.

The  New Persimmon Shares and the Loan Notes have not been, nor will they  be,
registered under the Securities Act or under the securities laws of any  state
of the United States; the relevant clearances have not been, nor will they be,
obtained  from  the  securities commission of any  province  or  territory  of
Canada;  no  prospectus has been lodged with, or registered by, the Australian
Securities and Investments Commission or the Japanese Ministry of Finance; and
neither  the New Persimmon Shares nor the Loan Notes have been, nor will  they
be,  registered under or offered in compliance with applicable securities laws
of  any  state,  province, territory or jurisdiction of Canada,  Australia  or
Japan.   Accordingly neither the New Persimmon Shares nor the Loan  Notes  may
(unless an exemption under relevant securities laws is applicable) be offered,
sold,  resold  or  delivered, directly or indirectly, in or  into  the  United
States, Canada, Australia or Japan or any other jurisdiction if to do so would
constitute  a  violation  of  the relevant laws of,  or  require  registration
thereof  in,  such  jurisdiction or to, or for the account or  benefit  of,  a
Restricted Overseas Person.

ABN AMRO Corporate Finance Limited has authorised the issue of this
announcement solely for the purposes of Section 57 of the Financial Services
Act 1986.

This announcement does not constitute an offer or an invitation to purchase
any securities.