Trading Stmnt/Credit Facility

Persimmon PLC
30 June 2000

          Persimmon raises £150 million UK Syndicated Credit Facility
                         and Current Trading Statement
                                       
Persimmon  Plc  has successfully arranged a £150,000,000 Revolving  Syndicated
Credit  Facility  for  a  term  of five years, further  extending  Persimmon's
committed  debt  maturity  profile.  This new  facility  replaces  Persimmon's
existing  £120,000,000  syndicated loan in the UK and complements  Persimmon's
existing committed funding sourced from the US Private Placement Market.

Together  with  the  increased commitment of Persimmon's  leading  UK  banking
partners,  a  number of new entrants are participating in the facility,  which
was significantly over-subscribed in syndication.

As  anticipated, in the six months to 30th June 2000 we have legally completed
a similar number of homes as in the same period during 1999.  However, we have
continued  to  increase average selling prices and operating margins  in  line
with our policy of maximising profit per plot.

We  continue to experience strong demand in all areas of the country, although
the  strength  of the market has reduced a little in some parts of  the  South
East.   Forward  sales values of current reservations and  contracts  for  the
second half of 2000 are at a record opening high level of £255 million.

Chief  Executive John White said 'This new syndicated facility, together  with
record forward sales and our long land bank of over 33,000 plots, make us very
confident of the continued success of Persimmon'.

The  Company expects to announce its interim results to 30th June 2000 on 29th
August 2000.

Enquiries:     John White, Group Chief Executive
               Mike Killoran, Group Finance Director
               Geoff Grewer, Company Secretary
               Persimmon Plc
Telephone:     [phone]

               Edward Orlebar
               Finsbury Limited
Telephone:     [phone]