Year end trading statement

Sutton Harbour Holdings PLC
04 April 2008


                          Sutton Harbour Holdings plc
                        (Sutton Harbour or the 'Company')
                                        
                           Year End Trading Statement
                                        

The Company announces that results for the financial year ended 31 March 2008 
are expected to be in line with market expectations in our marine and transport 
sectors.

The results will be reported for the first time under Adopted International 
Financial Reporting Standards (Adopted IFRS). The principal effects of IFRS 
accounting have been to change the timing of recognition of profits from our 
regeneration activities and the inclusion of revaluation movements on investment 
properties in the income statement. As a result, overall profits from this sector 
in this reporting period will be higher than expectations although certain 
development profits, previously recognisable under UK GAAP, will be deferred for 
recognition in future periods. The independent revaluation of property assets has 
given rise to a surplus of c.£3m.

The Company also announces that these results include the profit on sale of the 
investment in LIFT Investments Limited, the company through which the investment 
in 'Plymouth NHS LIFT' is held. This transaction was followed by acquisition of 
a 50% interest in a joint venture company which holds combined interests in the 
'Plymouth NHS LIFT' and other primary healthcare ventures. In addition, the 
Company has concluded a successful negotiation with Plymouth City Council 
concerning the future transfer of land at Plymouth City Airport.  These 
transactions, together with recent successful bids for schemes in Portland and 
Swansea, represent good progress with the stated strategy of expanding the scale 
and geographical spread of the company's regeneration activities in partnership 
with the public sector.

The preliminary announcement of the results for the year ended 31 March 2008 is 
expected on 29 May 2008.

4 April 2008

Enquiries:

Natasha Gadsdon, Sutton Harbour Holdings plc, 01752 204 186
Bobbie Hilliam, Evolution Securities, 020 7071 4300




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