Oakdene Homes PLC
09 May 2008



                               Oakdene Homes PLC

                          ('Oakdene' or 'The Company')


                               CHANGE OF ADVISER


The Board of Oakdene, the South East England housebuilding and property
development Group, announces today that it has appointed Panmure Gordon (UK)
Limited as its nominated adviser and broker with immediate effect.

www.oakdene-homes.co.uk


                                      Ends


Enquiries

Oakdene Homes plc                                      Tel: +44 (0) 1737 249 393
Carl Turpin, Chief Executive
Robert Boot, Finance Director

Bell Pottinger Corporate & Financial                   Tel: +44 (0) 207 861 3232
Zoe Sanders / Rosanne Perry 

Panmure Gordon                                         Tel: +44 (0) 20 7459 3600
Dominic Morley (Corporate Finance) 
Mark Lander (Corporate Broking)



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