RNS Number:0812V
Property Acquisition & ManagementLd
1 December 2000


PROPERTY ACQUISITION & MANAGEMENT LIMITED (the "company")

Following a recent purchase the company has been informed of the following.

Re Ordinary 10p Shares

The company has been informed by Geared Income Investment Trust plc that they
are interested in 3,484,562 Ordinary 10p shares which represents 6.06% of the
issued shares of that class.

Date Company informed: 30 November 2000


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