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Countryside Properties maintains membership of FTSE4Good Index Series


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30 January 2004

We are totally committed to implementing the principles of sustainable development throughout our business.

Alan Cherry, Chairman of Countryside Properties PLC.

Countryside Properties PLC, the specialist developer of sustainable communities, has maintained its membership of the FTSE4Good Index Series following an 'Index Review'. The Group was admitted to the innovative socially responsible investment index in March 2002.

Countryside Properties was recently named by WWF / Insight Investment as the leading housebuilder for its foremost approach towards managing sustainability related risks and impacts.

Commenting, Alan Cherry, Chairman of Countryside Properties PLC, said: " As an innovative, responsible developer that believes in creating a positive legacy for future generations, we are totally committed to implementing the principles of sustainable development throughout our business. By improving our economic, environmental and social performance and by measuring the business benefit in terms of profitable growth, we will enhance returns to our shareholders."

He added, "The Group's wholehearted commitment to corporate social responsibility creates real added value and opens up new business opportunities. It improves our reputation and develops positive relationships with stakeholders, whilst building brand value, promoting customer loyalty and motivating staff."



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Information correct as at 30/01/2004