HPS Hercules Props.

RNS No 8438p
HERCULES PROPERTY SERVICES PLC



                    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

SHARES HELD BY LLOYDS BANK NOMINEES (STOCK EXCHANGE BRANCH) LTD ON BEHALF OF
EAGLET INVESTMENT TRUST PLC

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

LLOYDS BANK NOMINEES (STOCK EXCHANGE BRANCH) LTD A/C EAGLET

5)  Number of shares/amount of stock acquired.

633,226

6)  (9.89 %) of issued Class

7)  Number of shares/amount of stock disposed

N/A

8)  ( N/A %) of issued Class

9)  Class of security

ORDINARY SHARES OF 5P EACH

10) Date of transaction

N/A

11) Date company informed

11.9.97

12) Total holding following this notification

633,226

13) Total percentage holding of issued class following this notification

9.89

14) Any additional information

SHARES ACQUIRED PURSUANT TO OFFER BY HERCULES PROPERTY SERVICES PLC FOR DAVID
GLASS ASSOCIATES PLC

SHARES RANK PARI PASSU WITH ORIGINAL ORDINARY SHARES SAVE THAT THEY DO NOT RANK
FOR THE FINAL DIVIDEND IN RESPECT OF THE PERIOD ENDED 30 JUNE 1997

15) Name of contact and telephone number for queries

R CRUWYS
0171 776 1587

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

    Date of Notification...12.9.97..............


END

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