Director/PDMR Shareholding

9 July 2015

TELFORD HOMES PLC

(the "Company")

Director/PDMR Shareholding

The Company announces that it was informed today that John Fitzgerald, an executive director, sold 50,000 shares on 8 July 2015 at 424p per share. The sale was required to fulfil some personal financial commitments. Following this transaction, Mr Fitzgerald retains 232,718 shares in the Company, representing 0.38% of the Company's issued share capital and total voting rights. In addition, Mr Fitzgerald holds 33,000 share options.

For further information please contact:

Telford Homes Plc

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

Shore Capital

Pascal Keane / Patrick Castle Tel: +44 (0) 20 7408 4090