HPS Hercules Props.

RNS Number:9499B
Hercules Property Services PLC
10 April 2001


Doc Re Proposed acquisitions of the goodwill and certain other assets of each
of Baker Lorenz and Kounnis Brokers and of the entire issued share capital of
Cadogan Insurance Services Limited
Placing of 2,936,936 new Ordinary Shares at 555p each incorporating an open
offer of 1,469,602 new Ordinary Shares on the basis of 1 new Ordinary Share
for every 10 existing Ordinary Shares

A copy of the above document has been submitted to the UK Listing Authority,
and will shortly be available for inspection at the UK Listing Authority's
Document Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Tel. no. (0)20 7676 1000

(Documents will usually be available for inspection within six normal business
hours of this notice being given).

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