RNS Number:5783E
Property Acquisition & ManagementLd
1 June 2001


Following a purchase of 4,875,000 Ordinary 10p Shares in the Company on 25 May
2001, BC Asset Management Limited are interested in 6,875,000 Ordinary 10p
shares in the Company which represents 11.95% of the issued shares of that
class.

Date Company informed: 1 June 2001
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