Placing

Vertu Motors PLC
02 March 2007

2nd March 2007





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

                 Placing to raise £26.2 million (the 'Placing')



Vertu Motors plc, the acquirer and consolidator of UK motor retail businesses,
announces that a circular and an AIM admission document (the 'Circular'), has
been published today with full details of the acquisition of Bristol Street
Group Limited (the 'Acquisition') and the Placing. As a result, the London Stock
Exchange has restored trading in the Company's ordinary shares on AIM.

The Company has raised £26.2 million by way of a Placing of new ordinary shares
by Brewin Dolphin Securities at an issue price of 75p per share. The
over-subscribed placing of 34,935,400 shares raised £26.2 million (£22.8 million
net of expenses of the Placing and the Acquisition).

Completion of the Placing and Acquisition will require the prior approval of
shareholders at the Extraordinary General Meeting (the 'EGM') to be held at the
offices of Brewin Dolphin Securities Limited, Commercial Union House, 39 Pilgrim
Street, Newcastle upon Tyne NE1 6RQ on 26 March 2007. Subject to shareholder
approval being granted at the EGM, it is currently anticipated that admission of
the enlarged issued share capital of the Company to trading on AIM will occur on
27 March 2007.

Brewin Dolphin Securities is the nominated advisor and broker to Vertu Motors.



                                   -  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]


Copies of the Circular will be available free of charge to the public at the
offices of Brewin Dolphin Securities at 12 Smithfield Street, London EC2A 9BD
and at Commercial Union House, 39 Pilgrim Street, Newcastle upon Tyne NE1 6RQ
from the date of issue until one month from admission to trading on AIM.





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