Exercise of Options and Total Voting Rights

Inland Homes plc

('Inland Homes' or the 'Company')

Exercise of share options

The Company announces that 10,000 new ordinary shares of 10 pence each in the Company ("Ordinary Shares") will be issued as a result of an exercise of employee share options.

Application has been made for the 10,000 new Ordinary Shares to be admitted to trading on AIM and it is expected that trading in such shares will take place on 13 January 2017 ("Admission").

Following Admission, the total issued share capital of the Company will consist of 203,609,432 Ordinary Shares with one voting right per share.

The Company does not hold any Ordinary Shares in Treasury. The Inland Homes PLC Employee Benefit Trust currently holds 1,627,066 Ordinary Shares and shall abstain from exercising its voting rights at any general meeting of the Company. Accordingly, the total number of voting rights in the Company will be 201,982,366 and this figure may be used by Shareholders, from Admission, as the denominator for the calculations 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 FCA's Disclosure Guidance and Transparency Rules.

Enquires: