Purchase of Freehold Interest

Latham(James) PLC
23 November 2007



James Latham Plc


The Company is pleased to announce that it has purchased the freehold interest
in Units 1 to 4, Swallow Park, Hemel Hempstead, 43,500 square foot offices and
warehouse that it occupies for a cash consideration of £4,250,000 payable on
completion. The units had previously been leased at a cost of £326,100 per annum
and were subject to a review which would have been effective from June 2006. It
secures the future of the Company's head office and trading operation and
completes the programme of relocation from the site in Clapton to three owned
sites at Hemel Hempstead, Thurrock and Purfleet.


Enquiries:

Peter Latham, Chairman                                Tel:  [phone]
David Dunmow, Finance Director                        Tel:  [phone]

Blue Oar Securities Plc
Mike Coe, Director, Corporate Finance                 Tel:  [phone]




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