CDFF Cardiff Property Plc

RNS No 763j
THE CARDIFF PROPERTY PLC

                            DEALINGS BY DIRECTORS

1)   NAME OF COMPANY
     THE CARDIFF PROPERTY PLC     


2)   NAME OF DIRECTOR
     JOHN RICHARD WOLLENBERG     


3)   Please state whether notification indicates that it is in
     respect of holding of the Director named in 2 above
     or holding of that person's spouse or children under
     the age of 18 or in respect of a non-beneficial interest

     HOLDING OF DIRECTOR NAMED IN 2 ABOVE     

4)   Name of the registered holder(s) and, if more than
     one holder, the number of shares held by each of 
     them. (If notified)

     JOHN RICHARD WOLLENBERG     

5)   Please state whether notification relates to a
     person(s) connected with the Director named in 2
     above and identify the connected person(s)

N/A

6)   Please state the nature of the transaction. For
     PEP transactions please indicate whether
     general/single co PEP and if discretionary/non
     discretionary

     PURCHASE OF SHARES FOR THE DIRECTOR'S WHOLLY BENEFICIAL INTEREST     

7)   Number of shares/amount of
     stock acquired

     4,000      

8)   (0.12%)
    of issued Class

9)   Number of shares/amount
     of stock disposed

N/A

10)  ( N/A %)
    of issued Class

11)  Class of security

     ORDINARY     

12)  Price per share

     1500 @ #2.85     
     2500 @ #2.90     
13)  Date of transaction

     25/3/98     

14)  Date company informed

     26/3/98     

15)  Total holding following this notification

     336 948     

16)  Total percentage holding of issued class following 
     this notification      

     10.16     

      IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE COMPLETE 
                              THE FOLLOWING BOXES

17)  Date of grant

     24th MARCH 1998     

18)  Period during which or date on which exercisable

     FROM 3 YEARS TO 6 YEARS 360 DAYS  FROM DATE OF GRANT     

19)  Total amount paid (if any) for grant of the option

     #1     

20)  Description of shares or debentures involved:
     class, number.

     20,000 ORDINARY     

21)  Exercise price (if fixed at time of grant) or indication
     that price is to be fixed at time of exercise

     #2.86     

22)  Total number of shares or debentures over which
     options held following this notification
          
     61,500     
23)  Any additional information

N/A

24)  Name of contact and telephone number for queries

     D A WHITAKER      
     01784- 437444     


25)  Name and signature of authorised company official
     responsible for making this notification

     Date of Notification.26th MARCH 1998...............................


END





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