RNS Number:3149V
Property Acquisition & ManagementLd
6 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 Aberdeen Asset Managers that they are
interested in 18,250,000 Ordinary 10p shares which represents 31.75% of the
issued shares of that class.

Date Company informed: 5 December 2000
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