PAQ Paq Intl

RNS Number:1534M
Property Acquisition & ManagementLd
25 October 2001


Property Acquisition and Management Limited (the "Company")

As a result of the scrip dividend issue on 25 October 2001, the following
directors received new Ordinary Shares of 10p each and declare their interests
in the issued share capital of the Company as follows:-

Director                   Scrip shares received            Total holding

Shane Le Prevost                            1,005                  28,191
Colin Walker-Robson                         4,770                 133,729



The issue price of the scrip dividend shares was 86.5p.

Colin Walker Robson has also purchased 29,200 shares at 67p per share today.


Date Company Informed 25 October 2001

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