For Immediate Release 2 December 2009

                              IN HOUSE GROUP PLC                               

("In House" or the "Company")

Business Update

In House Group PLC

Update of financing

On 3 July 2009, the Company announced a private placing to raise £443,000 over
a period of time. Since then, the Company has received some £153,350 and issued
and allotted the shares accordingly in respect of the amounts actually paid but
not in respect of the unpaid amounts. This has enabled certain liabilities to
be met as well as a small proportion of the planned refurbishment work to be
undertaken but has not provided all the funds which were required for the full
refurbishment of the Group's properties and accordingly, the expected
significant benefit in the rental income from lettings has yet to arise.

The Company is discussing the position with the parties concerned with a view
to receiving the majority of the remaining monies although various parties have
requested a revision to the terms and/or the length of time in which to pay up.
However, there is an amount of some £85,000 which the Directors are not
confident will be received and, although the directors are in talks with
potential alternative investors , the budget may need to be adjusted
accordingly. The Company may also review other options to raise this money . A
further announcement will be made as and when the matter has been determined.

END.

For further information please contact:

Marcus Cassidy, CEO, In House Group Plc, Tel: 0845 061 9999, Email:
mcassidy@ihgroup.co.uk

Roland Cornish, Beaumont Cornish Limited, Tel: 0207 628 3396