Telford Homes Regulatory News (TEF)

TELFORD HOMES PLC

(the "Company")

Issue of Equity

The Company announces that it has made an application to the London Stock Exchange for the admission to trading on AIM of 168,339 new ordinary shares of 10p each ("Ordinary Shares") to satisfy the requirements of the 2015/16 Share Incentive Plan ("New Shares"). The New Shares are expected to be admitted to trading on AIM on 31 March 2016.

Following the allotment of the New Shares, the Company's share capital and Total Voting Rights comprises 74,850,000 Ordinary Share and the Company does not hold any shares in treasury. Consequently 74,850,000 is the figure which may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.

For further information please contact:

Telford Homes Plc

Jon Di-Stefano / Katie Rogers Tel: +44 (0) 1992 809 800

Shore Capital

Patrick Castle / Dru Danford Tel: +44 (0) 20 7408 4090