LNX Lennox Hldgs

    Lennox Holdings PLC
                                        
                                 Issue Of Equity

17 July 2007

Lennox  Holdings  PLC  (the  "Company") today announces  the  issue  of  848,000
ordinary  1p  shares  pursuant  to  both an exercise  of  warrants  and  to  the
conversion of loan stock into ordinary shares.

Of  these  848,000  new ordinary shares, 722,000 new ordinary shares  have  been
issued  and  allotted following an application to exercise 722,000 warrants  for
new ordinary shares at an exercise price of 1p per share.

126,000 new ordinary shares have been issued and allotted further to the Company
receiving  notice  to  convert  �12,600 of a  certificate  for  �108,333  Lennox
Convertible  Secured Loan Stock into ordinary shares of the Company  at  nominal
value.

Following  the  allotment of the 848,000 new ordinary shares, the  Company  will
have 27,499,652 ordinary shares in issue.

Application has been made for the new ordinary shares to be admitted to  trading
on AIM on 20 July 2007.

Significant Shareholdings

Following the allotment of the new shares, the following persons
(other  than the directors) continue to have an interest in the Company of  over
3%:

Shareholder       Shareholding  % of          Shareholding  % of issued
                  before        issued share  after         share
                  Allotment     capital       Allotment     capital
                                Prior to                    after
                                Allotment                   Allotment

Peter R Voller     5,063,772      19.00%        5,063,772     18.41%
David Franks       4,004,003      15.02%        4,004,003     14.56%
David L Read       2,600,000       9.76%        2,600,000      9.45%
Steve Robinson     1,664,164       6.24%        1,664,164      6.05%
Jose Luis Tedesco  1,644,164       6.24%        1,664,164      6.05%
Rakesh Sehgal      1,481,000       5.56%        1,481,000      5.39%
Gartmore Growth
Opportunities      1,020,135       3.83%        1,020,135      3.71%


As a result of the allotment, Robert Burns no longer holds a notifiable interest
in the Company.

Enquiries:

Nicholas Nelson                       020 7451 7068
Nexus Financial Limited

Ian Fenn                              020 7512 0191
ARM Corporate Finance Limited

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