Company Profile For Redrow PLC

Redrow plc is a United Kingdom-based company. The company is engaged in residential development, which includes mixed use development. The Company’s operations are focused on house building. The Company operates in United Kingdom. The Company’s completed projects include Signature, In the City/Regeneration and Debut. The Company’s land holdings consist of both a current and forward land bank. As of June 30, 2009, the current land bank consisted of 12,500 plots owned with planning and 630 contracted plots. Its subsidiaries include Redrow Homes (Scotland) Ltd, Redrow Homes (Yorkshire) Ltd, Redrow Homes (Lancashire) Ltd, Redrow plc & Redrow Homes (NW) Ltd, Redrow Homes (Midlands) Ltd, Redrow Homes (South Midlands) Ltd, Redrow Homes (South West) Ltd, Redrow Homes (South Wales) Ltd and Redrow Homes (Eastern) Ltd.

BRIEF: For the fiscal year ended 30 June 2009, Redrow plc's revenues decreased 54% to £301.8M. Net loss from continuing operations decreased 27% to £100.4M. Revenues reflect decrease in turnover from its operational activities. Lower loss reflects decrease in cost of sales, lower gross loss, decrease in administrative expenses, lower share of loss of joint venture and lower profit before tax.