14 April 2022

Inland Homes plc

("Inland Homes" or the "Company")

Exercise of Options

The Company announces that an employee of the Company has exercised options over 10,000 ordinary shares of 10 pence each ("Ordinary Shares") pursuant to the Inland Homes Plc Employee Share Option Plan ("Option Shares"). These options were exercised by an employee of the Company, not holding positions as a director of the Company nor as senior management.

Application will be made for the Option Shares to be admitted to trading on AIM and are expected to be admitted on or around 25 April 2022 ("Admission"). The Option Shares will rank pari passu in all respects with the Company's existing Ordinary Shares. Upon Admission the Company will have a total of 230,101,045 Ordinary Shares in issue. The Company's EBT owns 1,627,500 Ordinary Shares and shall abstain from exercising its voting rights at any general meeting of the Company. Consequently, shareholders should use 230,101,045 Ordinary Shares as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.

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