RNS Number:1638B
Property Acquisition & ManagementLd
13 September 2002


Following a purchase on 12 September 2002 of 100,000 Ordinary 10p Shares Channel
Hotels and Properties Ltd are now interested in 10,436,547 Ordinary 10p Shares
representing 18.12% of the issued share capital of that class.

Date Company informed: 13 September 2002


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

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