RNS Number:2398C
Hercules Property Services PLC
18 April 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     Hercules Property Services PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     Schroder Investment Management Limited

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

     As 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 Limited - 1,487,038
     Pictet & Cie - 150,000
     Chase Nominees Limited - 472,900
     Chase Nominees Limited - (a/c:F02391) - 299,494
     MSS Nominees (a/c: 766653) - 166,688
     RBSTB Nominees Limited - 57,500
     Chase Nominees Limited - 5,900

5)   Number of shares/amount of stock acquired.

     -

6)   ( - %) of issued Class

7)   Number of shares/amount of stock disposed

     40,156*

8)   ( 0.27 %) of issued Class

9)   Class of security

     Ordinary shares of 5p each

10)  Date of transaction

     5 APRIL 2001

11)  Date company informed

     12 APRIL 2001

12)  Total holding following this notification

     2,639,520
                           
13)  Total percentage holding of issued class following this notification

     17.85%

14)  Any additional information

     * change in holding is a result of a transfer of 40,156 shares to a non-   
       Schroder Investment Management Company

15)  Name of contact and telephone number for queries

     Paul Davis - 020 8203 9099

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

     Date of Notification   18 April 2001
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