The Group’s principal objective is to achieve long term value for its shareholders, this will be achieved by maximising the value of the land bank with a number of alternative strategies including the following:

• Sale of sites to other housebuilders
• Development of selected sites by Inland Homes
• Joint ventures with third parties

The Group will continue to invest in sites varying in size and value, concentrating its activities on areas of high demand (for example, where there are good transport links or attractive residential environments) and seeking planning consents that are appropriate for the location and desirable to house builders and homebuyers.

The objective is to resolve all planning and technical issues so that sites are ready for construction to commence.

The Group may make purchases of strategic land (that is land which may in future be suitable for development) when appropriate opportunities arise.

The Group has a significant equity interest in Howarth Homes plc a private housebuilder that apart from its own development programme carries out the construction of some developments for Inland Homes.

The Company was incorporated in England and Wales under registration number 5482990 and its shares are traded on the Alternative Investment Market (AIM).

Site last update: 20 July 2009