RNS Number:0033W
Hercules Property Services PLC
16 May 2002



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     HERCULES PROPERTY SERVICES

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     SCHRODER INVESTMENT MANAGEMENT LTD

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

     SEE 2 ABOVE

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

     SCHRODER NOMINEES LTD           1,515,846
     NORTRUST NOMINEES LTD              65,023
     CHASE NOMINEES LTD              1,110,420
     MSS NOMINEES LTD (A/C 766653)     203,545
     CHASE NOMINEES LTD (A/C F02391)   353,336

5)   Number of shares/amount of stock acquired.

      43,762 

6)   (0.243%) of issued Class

7)   Number of shares/amount of stock disposed

      

8)   ( N/A %) of issued Class

9)   Class of security

      ORDINARY

10)  Date of transaction



11)  Date company informed

      16 MAY 2002

12)  Total holding following this notification

     3,248,170
               
13)  Total percentage holding of issued class following this notification

      18.011%

14)  Any additional information

     

15)  Name of contact and telephone number for queries

       NIGEL DAVIS
       020 8420 7600

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

     Date of Notification ...16 MAY 2002...



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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