Maypole acquires The Angel Hotel Lavenham Limited

    Maypole Group plc ("Maypole")

                     Maypole acquires The Angel Hotel Lavenham Limited

19 July 2007

Maypole, the UK countryside hotels with restaurants group, today announces that it has completed the acquisition of The
Angel Hotel Lavenham Limited (the "Angel Hotel"), which trades as The Angel Hotel, Lavenham a popular hotel / restaurant
for a total consideration of  approximately �400,000. 

The principal assets of the Angel Hotel to be acquired comprise a lease of 20 years from January 1990 (renewable under
the Landlord and Tenant Act) together with fixtures & fittings, valued at �90,000 and �75,000 respectively.  In addition
goodwill of �235,000 is to be paid.

The Angel Hotel is located on the market square in the centre of the historic medieval village of Lavenham, Suffolk
which is between Bury St Edmunds & Sudbury on the A134.  The bar / restaurant currently has 80 covers and has held an AA
rosette since 1995.  Further seating in fine weather allows a further 50 covers split between the front terrace and rear
gardens. The Angel Hotel has 8 en-suite letting rooms and a resident's lounge.

The consideration for the Angel Hotel will be satisfied through Maypole's existing bank facilities.  

Simon Bentley, Chairman of Maypole Group plc commented: "We are delighted to have completed the acquisition of The
Angel, which as with the recent acquisitions of the Wayford Bridge Hotel, Stalham and Bridge Inn, Acle is in line with
our acquisition strategy."


-ends-


Contacts

Maypole Group plc       
Simon Bentley - Chairman        020 7440 7021
        
ARM Corporate Finance Limited   
Alan MacKenzie/Ben Jeynes       020 7512 0191
        
Weber Shandwick Financial       
Nick Dibden / James White       0207 067 0700

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