Mountview Estates P.L.C.LSE: MTVW

Acquisition

· Issued by Mountview Estates P.L.C.
Mountview Estates PLC 02 January 2008 Mountview Estates P.L.C. ('Mountview' or 'the Company') Acquisition of residential property portfolio In relation to the announcements released on the 21 December 2007, Mountview announces that the Company has exchanged contracts with Holloways Properties Limited, and paid the initial consideration, for the acquisition of a mixed portfolio of residential properties for an aggregate cash consideration of between £43.25 million and £43.81 million. Enquiries: Brewin Dolphin Limited: Sandy Fraser: Tel: 0131 225 2566 This information is provided by RNS The company news service from the London Stock Exchange

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