RNS Number:2652M
Property Acquisition & ManagementLd
29 October 2001


Following the purchase of 4,000,000 Ordinary 10p Shares on 23rd October 2001
Channel Hotels and Properties Limited are now interested in 4,000,000 Ordinary
10p Shares representing 6.95% of the issued share capital of that class


Date Company informed: 29 October 2001
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