RNS Number:1886E
Hercules Property Services PLC
22 November 2002


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     HERCULES PROPERTY

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     MARLBOROUGH FUND MANAGERS LIMITED (THROUGH THE MARLBOROUGH SPECIAL
     SITUATIONS FUND AND THE MARLBOROUGH UK EQUITY GROWTH FUND)

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

     SAME AS 2 ABOVE
     
4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

     HSBC GLOBAL CUSTODY NOMINEE A/C 764685
     HSBC GLOBAL CUSTODY NOMINEE A/C 879441

5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY SHARES OF 5p EACH


10)  Date of transaction



11)  Date company informed

     21 NOVEMBER 2002

12)  Total holding following this notification

     545,000
               
13)  Total percentage holding of issued class following this notification

     3.015%


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 ...22 NOVEMBER 2002......

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

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