RNS Number:6097O
Pillar Property PLC
12 August 2003


Pillar Property Plc
12 August 2003


Pillar Property Plc (the "Company") announces that it was informed today that
Richard Hambro, a non-executive director of the Company acquired on 6 August
2003 10,000 ordinary shares in the Company at 427 pence per share, increasing
his beneficial holding to 13,800 shares, which represents 0.013% of the issued
share capital of the Company.

The Company also announces that RBC Trustees (Guernsey) Limited, as trustee of
the Pillar Employee Trust, acquired 374,903 ordinary shares in the Company on 16
July 2003 at 439 pence per share.  All executive directors and certain employees
of the Company are beneficiaries of the Pillar Employee Trust and the ordinary
shares have been acquired for use under the Pillar Property Capital Reward
Incentive Share Plan, which was approved by shareholders in October 1999.




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