Acquisition

Vertu Motors PLC
02 July 2007


2 July 2007


                Vertu Motors plc ('Vertu Motors' or the 'Group')


                                  Acquisition


The Board of Vertu Motors are pleased to announce the acquisition of the trade
and assets of the Ford dealership in Morpeth, Northumberland from the Jennings
Group. Completion took place on 29 June 2007 with estimated cash consideration
of £2.6m including a freehold property valued at £2.05m. The acquisition will be
funded through the Group's existing debt facility with Barclays.

The dealership will be re-branded Bristol Street Motors and complements the
existing sixteen Ford dealerships operated by the Group in England, and the
three existing Vauxhall dealerships in the North East of England. The Board
believe that by integrating the business into the Bristol Street management
structure, operational performance improvement can be generated in the medium
term.

In the year ended 31 December 2006 the dealership had turnover of £8.2m.

This acquisition follows the acquisition of five Honda dealerships announced on
29 June 2007 and brings the total number of dealerships operated by Vertu Motors
plc to 46.

Commenting on the acquisition, Robert Forrester (Chief Executive of Vertu Motors
plc) said,

'The acquisition of this single dealership highlights once again the
consolidation opportunities in the motor retail sector. We are pleased to see
expansion in the North East of England and the continued growth in the
operations of the Group in line with our strategy of expansion.'


                                     Ends -


For further information please contact:


Robert Forrester, CEO, Vertu Motors plc, Tel: [phone]


Andrew Kitchingman, Brewin Dolphin Securities, Tel: [phone]


Jonathon Brill/Billy Clegg/Edward Westropp, Financial Dynamics, Tel: [phone]






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