LP Hill Plc
LSE : LPH

August 21, 2009 02:00 ET

Placing


For immediate release                                    21 August 2009

                                            LP Hill PLC
                                   ("LP Hill" or the "Company")
                                                 
                                              Placing
                                                 
The Directors of LP Hill today announce that the Company has conditionally placed a total of
17,000,000 new ordinary shares ("the Shares") in the capital of the Company at a placing price of
5p per Share ("the Placing Price") ("the Placing") with new investors to raise up to £850,000
before expenses.

The Shares will rank pari passu with all existing ordinary shares in the capital of the Company,
and application will be made for the Shares to be admitted to trading on AIM ("Admission").
Admission is expected to take place on 26 August 2009 when the enlarged issued share capital will
total 17,772,780.

The Company intends to use the Placing proceeds to provide additional working capital.


                                                 

ENDS

Enquiries:                                                  

LP Hill PLC                                                 
Gerry Nealon                                                Tel: +61 417 541 873
Nigel Weller                                                Tel: 07769 906 906
                                                            
                                                            
Beaumont Cornish                                            Tel: 020 7628 3396
Roland Cornish





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