RNS Number:6790N
Property Acquisition & ManagementLd
26 November 2001

Following the purchase of 945,637 Ordinary 10p Shares on 16th November 2001
Channel Hotels and Properties Limited are now interested in 4,945,637 Ordinary
10p Shares representing 8.59% of the issued share capital of that class

Date Company informed: 26 November 2001
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