Michelmersh Brick - Trading Statement

RNS Number:1048R
Michelmersh Brick Holdings PLC
31 March 2008

Embargoed for 07:00
31 March 2008

Michelmersh Brick Holdings PLC

Trading Statement and Notice of results

Michelmersh Brick Holdings plc (AIM: MBH) (the "Company"), the specialist brick,
land development and landfill company, is completing preparation of its 2007
accounts under IFRS for the first time and announces that it will report its
preliminary results for the 12 months to 31 December 2007 on 22 April 2008.

The Company's stated accounting policies require that its assets are subject to
a full independent valuation every two years. The revaluation as at 31 December
2007 will show a significantly higher overall value in land assets than had been
previously expected. This will, however, also result in a correspondingly higher
depreciation and impairment charge against the trading businesses.

For further information:
Martin Warner, Michelmersh Brick Holdings plc: 01442 870 227
Jeremy Carey, Tavistock Communications: 020 7920 3150
Russell Cook, Charles Stanley Securities 020 7149 6000

Notes to editors

Michelmersh is a holding company with five subsidiary companies, Blockleys,
Michelmersh Brick & Tile, Charnwood and Duntons, which manufacture clay bricks
and paviors, and New Acres, which operates landfill sites. In addition, the
company has significant land holdings.

Michelmersh has grown through acquisition and organic growth into a profitable,
cash generative and asset rich business. Since 1997, it has invested in excess
of £15 million in the modernisation of its plant and production processes and
now has the capacity to produce over 85 million bricks per annum.

Michelmersh floated on AIM on May 2004 and is currently capitalised at about £32
million.

Further information on the Company can be found at http://www.michelmersh.com/

This information is provided by RNS
The company news service from the London Stock Exchange

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