BOS (Shared Mtg)No.1 - Doc re Report and Accounts

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RNS No 8915c
BOS (SHARED APPRECIATION MORTGAGES) NO. 1 PLC


             REPORT AND ACCOUNTS

             FOR THE YEAR ENDED 
             28TH FEBRUARY, 1998

A copy of the above is available for inspection from the Company
Announcements office of the Stock Exchange, London.


END


ACSGIGBIUDDCCIG

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