FPT Forth Ports

RNS No 3024x
FORTH PORTS PLC
1st September 1997


FORTH PORTS TO LEASE PORT AREA AT
NEW PORT OF ROSYTH

Rosyth 2000 Limited, a consortium comprising Forth Ports PLC, Bank
of Scotland, Babcock Facilities Management Division, Fife Council,
Scottish Power plc, announces the acquisition of the former Naval
base at Rosyth.  Under a separate agreement with Rosyth 2000,
Forth Ports PLC will lease the port area of the Naval base for a
period of 35 years, with an option to extend it for a further 35
years.

The facility, located on the north bank of the Forth, upstream of
the road and rail bridge, has deepwater river berths to a depth of
8.3 metres.  The quaysides are immediately adjacent to 60 acres of
port development land and offers direct access to the national
motorway and rail network.  Forth Ports are committed to investing
in the port facilities which will allow Rosyth to offer a high
level, multi-use service for a wide variety of cargoes.

Forth Ports' Chief Executive, Mr Alistair Fleming, said:

"We believe that Rosyth compliments our existing business and that
our port expertise will lead to a progressive development that
will offer an efficient service to port users and attract a range
of businesses to Rosyth."

Enquiries:

Alistair Fleming, Chief Executive,
Forth Ports PLC                                                0131 554 6473
Wilson Murray, Finance Director,
Forth Ports PLC

Jon Coles/Philippa Power, Brunswick              0171 404 5959


END

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