C Shares Purchase Offer

Topps Tiles PLC
08 August 2006


                                                                   8 August 2006

                                Topps Tiles plc

                                 Return of Cash

                          Purchase Offer for C Shares

This document should not be transmitted, distributed or released in or into any
jurisdiction in which such an act would constitute a violation of the relevant
laws of such jurisdiction.


KBC Peel Hunt Ltd has agreed to make the Purchase Offer as referred to in the
circular from Topps Tiles plc (the 'Company') to its shareholders dated 7 July
2006 (the 'Circular').


KBC Peel Hunt Ltd hereby makes the Purchase Offer, acting as principal, to
purchase the 84,213,625 C Shares which have been allotted to Shareholders
pursuant to the Return of Cash as a result of the scaling back of elections for
B Shares under Alternative 3, in respect of which valid acceptances of the
Purchase Offer have been received and not withdrawn. The offer is to purchase C
Shares for 54 pence each on the terms set out in the Circular.


Cheques and sale advices are expected to be despatched and assured payments made
through CREST on 14 August 2006 in respect of C Shares purchased under the
Purchase Offer.


The Board of Directors of the Company is also pleased to announce that it has
declared the Single C Share Dividend of 54 pence per C Share payable to those
Shareholders who have, or who are deemed to have, elected to receive the Single
C Share Dividend. Settlement of the Single C Share Dividend for Shareholders is
expected to be made on 14 August 2006.


US Holders are deemed to have elected for Alternative 1 in respect of all of
their Existing Ordinary Shares.

Expected timetable of outstanding principal events:
B Shares redeemed                                                 14 August 2006

Cheques issued/CREST accounts credited in respect of the Single   14 August 2006
C Share Dividend, the redemption of the B Shares and fractional
entitlements, together with tax vouchers

Cheques issued/CREST accounts credited in respect of the          14 August 2006
purchase of C Shares by KBC Peel Hunt

CREST accounts credited in respect of C Shares retained           14 August 2006

Despatch of New Ordinary Share certificates and retained C Share  14 August 2006
certificates

Definitions used in the Circular apply to this announcement.

Enquiries:


Barry Bester - Chairman                    01625 446 700
Nicholas Ounstead - CEO                    01625 446 700


Sarah Landgrebe
Bell Pottinger Corporate & Financial       020 7861 3232


Megan MacIntyre
KBC Peel Hunt Ltd                          020 7418 8900


KBC Peel Hunt Ltd, which is regulated by the Financial Services Authority for
the conduct of designated investment  business in the UK, is acting for the
Company and for no one else in connection with the Return of Cash and will not
be  responsible for anyone other than the Company for providing the protections
afforded to clients of KBC Peel Hunt Ltd or  for providing advice in relation to
the Return of Cash.



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