RNS Number:8939C
Hercules Property Services PLC
24 October 2002


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

HERCULES PROPERTY SERVICES PLC

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
CHASE NOMINEES LTD                      7,205
NORTRUST NOMINEES LTD                 107,603
CHASE NOMINEES LTD                    938,523
CHASE NOMINEES LTD A/C F02391         353,336

5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

203,545

8)   (1.126%) of issued Class

9)   Class of security

ORDINARY

10)  Date of transaction



11)  Date company informed

23 OCTOBER 2002

12)  Total holding following this notification

2,922,513
               
13)  Total percentage holding of issued class following this notification

16.169%

14)  Any additional information



15)  Name of contact and telephone number for queries

N. DAVIS - 020 8420 7600

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

     Date of Notification ....24 OCTOBER 2002....................




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

END
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