Block Listing Application

6 August 2018

Cairn Homes plc

Block Listing

Dublin / London 6 August 2018: Cairn Homes plc (ISE/LSE CRN) ("Cairn" or the "Company") today announces that a block listing application has been made to Euronext Dublin and to the UK Listing Authority for a total of 500,000 ordinary shares of €0.001 (the "Shares") to be admitted to the Official List of Euronext Dublin and to the Official List of the UK Listing Authority and application has been made to Euronext Dublin and the London Stock Exchange for these Shares to be admitted to trading.

Dealing in these Shares are expected to commence on 7 August 2018.

These Shares are being reserved under a block listing and will be allotted from time to time pursuant to share options granted to Eamonn O'Kennedy, a former director of Cairn. The Shares will rank pari passu with the existing ordinary shares of the Company.

For more information, please contact:

Cairn Homes plc +353 1 696 4600

Tim Kenny

Tara Grimley

Drury Porter Novelli +353 1 260 5000

Billy Murphy

Morwenna Rice

Louise Walsh

Powerscourt 44 20 7250 1446

Justin Griffiths

Nick Dibden

Jack Hickey

Notes to Editors

Cairn Homes plc is an Irish homebuilder committed to building high-quality sustainable homes in excellent locations and providing unparalleled customer service at each stage of the home-buying journey. Cairn's highly experienced management team has a clear vision of delivering innovative and thoughtfully designed homes which meet market demand and enhance communities by placing home owners at the very centre of the design process. The Company owns 34 residential development sites with capacity for over 14,100 new homes, over 90% of which are located in the Greater Dublin Area (the "GDA") with excellent public transport and infrastructure links. Cairn is today building on twelve sites in the GDA, which will deliver over 3,650 units.