Cancellation of listing and Admission to AIM

10 April 2017

Lakehouse plc (the "Company")

Cancellation of listing and Admission to AIM

Following the result of the General Meeting held on 31 March 2017, the Company has applied to the UK Listing Authority for the cancellation of the listing of its Ordinary Shares on the premium segment of the Official List and to the London Stock Exchange for cancellation of the admission to trading of its Ordinary Shares on the Main Market ("Cancellation"). It will also apply to the London Stock Exchange for the admission of its Ordinary Shares to trading on AIM under the London Stock Exchange's AIM Designated Market Route ("Admission"). It is expected that Cancellation and Admission will occur simultaneously on 11 May 2017.

A pre-admission announcement, as required by the AIM Rules for Companies, was released earlier today and a copy of the appendix to the pre-admission announcement is available on the Company's website at www.lakehouse.co.uk.

Enquiries:

Lakehouse Telephone 01708 758 800

Simon Howell, Company Secretary

Financial Public Relations

Camarco Telephone 0203 757 4992

Ginny Pulbrook

Tom Huddart