RNS Number:5938J
Inland PLC
11 December 2007

Immediate Release                                               11 December 2007

                                   Inland PLC
                          ("Inland" or the "Company")
                  Progress Update for the Annual General Meeting

The Annual General Meeting of Inland, which specialises in buying brownfield
sites and enhances their value by  obtaining planning permission, will be held
at 11.00am today. Terry Roydon, Chairman, will make the following statement:

"I would like to take this opportunity today to comment briefly on Inland's
recent performance and on our prospects for  the current financial year.

In line with our expectations we have received planning consent on the following
three sites during the first five  months of the current financial period:

?   399 residential plots and approximately 100,000 sq ft of commercial space 
    at our site in Farnborough, Hampshire;
?   24 residential plots in Hatfield, Hertfordshire; and
?   14 residential plots in Borehamwood, Hertfordshire.

The development pipeline now comprises over 1,350 residential plots with a gross
development value of circa ?360m and  approximately 230,000 sq ft of commercial
space. The shortage for land with planning consent remains acute, not 
withstanding the fact that the housing market is facing softer conditions and we
believe that we should achieve good  returns on these sites.

The expressions of interest received, for our sites at Farnborough and Hatfield,
amply demonstrates the continued  strong demand by housebuilders for land with
planning consent. We believe that in the current environment,  housebuilders
will place a greater emphasis on acquiring land, which has already received
planning consent as opposed  to land that has not which will permit building to
start immediately.

2007 has been a pivotal year for Inland as we successfully secured the desired
funding through our IPO which has  enabled us to implement our strategy of
unlocking value in brownfield redevelopment. With the current government 
committed to increasing house building from 200,000 to 240,000 new homes per
annum by 2016, greater emphasis will be  placed on brownfield development
alongside pressure for the release of green field sites. Although the planning
system  in the UK is incredibly complex, I am confident that our management
team, which has considerable experience, will  continue to be successful in
obtaining lucrative opportunities and in obtaining planning permissions.

We are pleased to have completed the acquisition of Poole Investments PLC
("Poole") which has presented some key opportunities for us going forward. The
primary asset of Poole is a 9.5 acre site with waterside frontage in Lower
Hamworthy, Dorset, upon which is an investment property that provides a rental
income of ?335,000 per annum. The site has significant development potential and
we have already commenced initial discussions for what we believe will result in
an exciting mixed use scheme, ultimately enhancing the value for our

Inland continues to demonstrate its ability to identify opportunities and create
value in a market where there is an  acute shortage of land with planning
permission. I believe we have the strength and skills to increase Inland's 
underlying value and the next 12 months should represent a further period of
considerable growth for the Company."

The Company's Annual Report for the period ending 30 June 2007 can be found on
the Company's website, www.inlandplc.com

For further information please contact:

Inland Plc                                        Tel: 01923 713 600
Stephen Wicks, Chief Executive                    
Nish Malde, Finance Director

Buchanan Communications                           Tel: 020 7466 5000
Jeremy Garcia / Susanna Gale

Notes to Editors:
Inland plc is a dynamic developer of urban regeneration projects around Southern
England. Predominantly specialising in  Brownfield developments, the Inland team
can provide solutions to a variety of difficult and sensitive land situations.

Inland successfully navigates the complex planning system, applying meticulous
attention to detail throughout the  design process whilst utilising its close
working relationships with local authorities. Our ability to secure sites  often
overlooked by others, means our track record in the development of Brownfield
opportunities is second to none.

Dawnay, Day Corporate Finance Limited is the Nominated Adviser. David Floyd and
Alex Stanbury can be contacted on 0207509 4570.

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