RNS Number:7496V
Property Acquisition & ManagementLd
24 February 2004

The Company has been informed that High Noon Limited are interested in 2,610,960
Ordinary 10p Shares representing 4.7% of the issued shares of that class and
1,696,670 Convertible Redeemable Preference shares representing 17.44% of the
issued shares of that class.



Date Company informed: 24 February 2004


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

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