PAQ Paq Intl

RNS Number:9044A
Channel Hotels & Properties Limited
9 September 2002


LETTER TO: RNS

LETTER DATED 5 SEPTEMBER 2002


Under Rule 3 of the Rules Governing Substantial Acquisitions of shares I would
like to notify you of the following transaction concerning a recent purchase of
shares in Property Acquisition & Management Limited.

 
Registered Owner                                Channel Hotels & Properties Ltd
No. of shares bought                            300,000
% of issued class                               0.521%
Class of Security                               Ordinary shares of 10 pence each
Date of transaction                             4th September 2002
Total holding following notification            10,086,547
Total % holding following notification          17,516%


LETTER FROM: BARRIE MELVIN
             DIRECTOR            
             CHANNEL HOTEL AND PROPERTIES LTD




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

END

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