Issue of Equity

Telford Homes Plc

("Telford Homes" or the "Company")

Issue of Equity

The Company announces that it has, today, made an application to the London Stock Exchange for the admission to trading on AIM of 215,268 new ordinary shares of 10p each ("Ordinary Shares") to satisfy the requirements of the 2012/13 Share Incentive Plan.

The new shares are expected to be admitted to trading on AIM on 27 March 2013.

Following this admission the Company's share capital and total voting rights comprises 50,275,000 Ordinary Shares and the Company does not hold any shares in treasury. Consequently, 50,275,000 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, Telford Homes under the FSA's Disclosure and Transparency Rules.

Enquiries:

Telford Homes Plc

Jon Di-Stefano / Katie Rogers 01992 809800

Shore Capital

Pascal Keane / Patrick Castle 020 7408 4090