Result of EGM

Topps Tiles PLC
31 July 2006


                                                                    31 July 2006

                                Topps Tiles plc

                 Return of Cash and Share Capital Consolidation

                                 Results of EGM

Topps Tiles plc (the 'Company') is pleased to announce that its shareholders
have approved the return of £122.4 million of cash to shareholders at the
Company's EGM held today.

The following resolutions were duly passed at the Company's EGM. All four
resolutions were passed on a show of hands. For information, the proxy votes
received were as follows:

Resolution number                Votes for    Votes at      Votes    Abstentions
                                 (% votes)    discretion    against
                                              of chairman   (% votes)
                                              (% votes)    

Resolution 1                     138,777,469  56,307        24,996     336,842
                                 (99.94%)     (0.04%)       (0.02%)
To approve the
Return of
Cash, the
Share Capital
Consolidation
and amendments
to the
Articles of
Association                                                  

Resolution 2                     138,447,656  72,067        337,549    338,342
                                 (99.71%)     (0.05%)       (0.24%)
To authorise
the Directors
to allot New
Ordinary
Shares                                                       

Resolution 3                     138,423,738  85,726        343,048    343,102
                                 (99.69%)     (0.06%)       (0.25%)
To disapply pre-emption rights
in relation to the allotment of
New Ordinary Shares

Resolution 4                     138,447,574  73,387        337,811    336,842
                                 (99.71%)     (0.05%)       (0.24%)
To authorise the Company to make
market purchases of New Ordinary
Shares


Two copies of the resolutions passed at the EGM have been submitted to the UK
Listing Authority and will shortly be available for inspection at the UK Listing
Authority's Document Viewing Facility, which is situated at:


Financial Services Authority
25 The North Colonnade,
Canary Wharf,
London E14 5HS



Expected timetable of outstanding principal events:
Latest time and date for dealings in Existing Ordinary Shares       4.30pm on 31
                                                                       July 2006

Latest time for receipt of Election Forms and TTE instructions      4.30pm on 31
from CREST holders in relation to the Share Alternatives               July 2006

Record Date for the Capital Reorganisation and the Return of        5.00pm on 31
Cash. Existing Ordinary Share register closed and Existing             July 2006
Ordinary Shares disabled in CREST

New Ordinary Shares admitted to the Official List and to trading     8.00am on 1
on London Stock Exchange's market for listed securities              August 2006

Dealings in the New Ordinary Shares commence and enablement in       8.00am on 1
CREST. New Ordinary Shares credited to CREST accounts                August 2006

Latest time for receipt of notices of withdrawal and ESA             3.00pm on 4
instructions from CREST holders in relation to withdrawal or              August
modification of elections for Share Alternatives and C Share
Choices

Single C Share Dividend declared and C Shares in respect of        8 August 2006
which the Single C Share Dividend is payable automatically
convert into Deferred Shares

KBC Peel Hunt makes the Purchase Offer by means of an                8.00am on 8
announcement on the Regulatory News Service of London Stock          August 2006
Exchange

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



References to times in this announcement are to London time.

Definitions used in the circular to shareholders dated 7 July 2006 apply to this
announcement.

Enquiries:


Barry Bester - Chairman                     01625 446 700
Andrew Liggett - Finance Director           01625 446 700


Sarah Landgrebe
Bell Pottinger Corporate & Financial        020 7861 3232


Megan MacIntyre
KBC Peel Hunt Ltd                           020 7418 8900



                      This information is provided by RNS
            The company news service from the London Stock Exchange