RNS Number:2080N
Pillar Property PLC
04 July 2003

Pillar Property PLC



4 July 2003



Director Shareholding



RBC Trustees (Guernsey) Limited, as trustee of the Pillar Employee Trust,
acquired 812,558 ordinary shares in the Company on 3 July 2003 at 438 pence per
share. In addition, it sold 712,558 ordinary shares in the Company on 3 July
2003 at 438 pence per share. All executive directors and certain employees of
the Company are beneficiaries of the Pillar Employee Trust and the shares have
been acquired for use under the Pillar Property Capital Reward Incentive Share
Plan, which was approved by shareholders in October 1999.










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

RDSBLGDRUUGGGXS