HALLAM ANNUAL REVIEW

Hallam have had another successful year, despite a quiet year selling land with consent. Site disposals with planning permission were restricted to small sites at Mansfield, Desford and Bishopbriggs. The work we have undertaken to build value into our land holdings has not been reflected in the 2012 pure financial results. During the year, we worked on an unprecedented number of sites within the planning process and were particularly successful in securing planning permissions or minded to grant planning permissions on a large number of sites and further increased our site acreage.

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PLANNING UPDATE

It is pleasing to report that over the last 12 months we have secured planning permission or minded to grant permission subject to the signing of a planning agreement on the following sites:

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