Purchase of Own Securities

Headlam Group PLC
11 January 2002

11 January 2002

Headlam Group plc - Purchase of own securities



At the Annual General Meeting of the Company held on 23 May 2001 shareholders
granted the company authority to purchase up to 50,000 5.6% cumulative
preference shares ('preference shares'). The Company announces that on 24
December 2001 and 11 January 2002 it repurchased respectively 675 and 4,053
preference shares at a price of 107.5p per share.


49,975 preference shares have therefore been purchased to date under the above
authority representing 99.9 per cent of the issued preference share capital.
The issued preference share capital following cancellation of the shares
repurchased will be 25 shares.


End