RNS NO 5183U
CITY SITE ESTATES PLC
22nd October 1997


City Site Estates plc ("the Company")
Purchase of 5.25% Cnv Cum Ref Pref Shares

The Company announces that on 21st October 1997 it acquired 125,160 Convertible
Preference Shares in the Company at 75p per share for cancellation.


END

POSFEDFMEUWUFES
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