RNS Number:3475C
Property Acquisition & ManagementLd
10 October 2002

Following a purchase on 10 October 2002 of 2,600,000 Ordinary 10p Shares Channel
Hotels and Properties Ltd are now interested in 15,886,547 Ordinary 10p Shares
representing 27.59% of the issued share capital of that class.


Date Company informed: 10 October 2002


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

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