PAQ Paq Intl

RNS Number:4632S
Property Acquisition & ManagementLd
5 March 2002



The Company has been informed that Channel Hotels and Properties Limited are
interested in 3,793,775 Ordinary 10p Shares representing 6.59% of the issued
shares of that class. Channel Hotels and Properties Limited are also interested
in 1,132,124 Convertible Redeemable Preference 100p Shares representing 10.34%
of the issued shares of that class.


Date Company informed: 5 March 2002



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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