Site Development

Redrow PLC
30 November 2000


REDROW PLC ANNOUNCES £400M MIXED USE DEVELOPMENT AT BUCKSHAW VILLAGE, CHORLEY,
LANCASHIRE

Redrow plc announces its involvement in the £400m mixed use Buckshaw Village
scheme in Euxton, near Chorley, Lancashire.

The 395 acre site has been secured from BAE Systems and is one of the largest
brownfield sites in the North West.  It has an outline planning consent for
120 acres of residential development (approximately 1,500 dwellings) and 115
acres of commercial and industrial accommodation.  Both elements of the scheme
will be developed jointly with Barratt Developments plc.

The site which was part of the Royal Ordnance facility at Chorley is currently
being remediated for the joint developers by BAE Systems Properties Ltd.

Buckshaw Village will be a new community with excellent road and rail
communications including provision of a new railway station.  The site is
close to both the M6 and M61 motorways and is less than 30 miles from
Manchester.

The Commercial Property element will have an estimated development value of
£170m and will include offices, warehouses and distribution facilities.

Paul Pedley, Chief Executive of Redrow plc, commented

'Redrow is extremely pleased to be involved in this substantial mixed use
development utilising our skills in both our residential and commercial
operations.

The site conforms to the Government's requirements for brownfield development
and it will secure one of the major housing allocations in the North West as
well as providing a major opportunity for the Group's Commercial Property
Division.

We are delighted to have worked with BAE Systems on this project and look
forward to maintaining this relationship into the future.'

For further information contact:-

Redrow plc
Paul Pedley           Chief Executive                01244 520044
Neil Fitzsimmons      Finance Director

Brunswisk Public Relations
Gavin Partington                                     0207 404 5959