RNS Number:8603X
Property Acquisition & ManagementLd
27 June 2002

Following the purchase of 600,000 Ordinary 10p Shares on 24 June 2002, Channel
Hotels and Properties Limited are interested in 4,375,025 Ordinary 10p Shares
representing 7.59% of the issued shares of that class.

Date Company informed: 27 June 2002



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

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