RNS Number:5567D
Hercules Property Services PLC
14 May 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     HERCULES PROPERTY SERVICES PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     EAGLET INVESTMENT TRUST PLC

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

     AS ABOVE

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

     EAGLET INVESTMENT TRUST PLC

5)   Number of shares/amount of stock acquired.

     190,852*

6)   ( 1.07% ) of issued Class

7)   Number of shares/amount of stock disposed

     -

8)   ( -  %) of issued Class

9)   Class of security

     ORDINARY SHARES OF 5P EACH

10)  Date of transaction

     9 MAY 2001

11)  Date company informed

     14 MAY 2001

12)  Total holding following this notification

     1,515,886     
               
              
13)  Total percentage holding of issued class following this notification

     8.49%

14)  Any additional information

     *CHANGE IN HOLDING IS A RESULT OF THE RECENT PLACING AND OPEN OFFER

15)  Name of contact and telephone number for queries

     PAUL DAVIS - 0208 203 9099

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

     Date of Notification   15 MAY 2001
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