RNS Number:9616Z
Property Acquisition & ManagementLd
14 August 2002

Following the sale of 3,100,000 Ordinary 10p shares on 13 August 2002, funds
managed by Exeter Asset Management Limited, amount to 2,916,000 shares
representing 5.06% of the issued share capital of the Company.

 Following the sale of 2,300,000 Ordinary 10p shares on 13 August 2002, funds
managed by Aberdeen Asset Managers amount to 1,560,447 representing 2.71% of the
issued share capital of the Company

Date Company informed: 14 August 2002




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

END

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