RNS Number:6251R
Clan Homes PLC
03 November 2003


Clan Homes plc ("the Company") announces that on 31 October 2003 it concluded
missives for the sale of the following properties:

   *  13 James Watt Place, East Kilbride, for a cash consideration of #60,000;

   *  15 James Watt Place, East Kilbride, for a cash consideration of #60,000; 
      and

   *  17 James Watt Place, East Kilbride, for a cash consideration of #60,000.


All of these properties are anticiapted to settle no later than 7 November 2003.
Missives for all of these properties have been exchanged with Scotia Assets
Limited, a company substantially owned and controlled by Alan Thomson and of
which he is also a director.

Clan Homes also announces that it exchanged missives for the sale of the
following properties on 31 October 2003:

   *  29C Dunkeld Road, Perth, for a cash consideration of #55,000;

   *  29E Dunkeld Road, Perth, for a cash consideration of #55,000;

   *  1/6 Glassford Court, Glasgow, for a cash consideration of #72,000;

   *  3/6 Canada Court, Glasgow, for a cash consideration of #82,000; and

   *  25 Heugh Rise, Portpatrick, for a cash consideration of #100,000;


With the exception of 25 Heugh Rise, Portpatrick, which is anticipated to settle
in early December 2003, all of the above properties are anticipated to settle no
later than 14 November 2003. Missives for all of these properties have been
exchanged with Southern Caledonian Properties Limited, a company substantially
owned and controlled by Alan Thomson and of which he is also a director.

The Company also announces that on 30 September 2003 it concluded the sale of
Flat 185A South Street Perth for a cash consideration of #48,500. Clan Homes has
also received an offer for the property at 28 Craigieburn Park, Aberdeen at a
price in excess of the current valuation. Further details will be released when
missives are exchanged. The proceeds from all of these sales will further
increase the Company's cash reserves. The Directors anticipate reporting further
sales shortly.

The Company further announces that all of the ordinary and special resolutions
proposed at the Annual General Meeting on 27 October 2003 were duly passed.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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