Circ re. Scrip Dividend

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RNS Number:0146Z
Property Acquisition & ManagementLd
24 May 2004

Property Acquisition & Management Limited (the "Company")

Convertible Redeemable Preference Shares of 100 pence each



A copy of the circular to shareholders dated 21 May 2004 in relation to the
Company's scrip dividend in lieu of the cash dividend in respect of the four
month period ending 30 April 2004 is available for inspection at the UK Listing
Authority's Document Viewing Facility, which is situated at:



The Financial Services Authority

25 The North Colonnade

Canary Wharf

London E14 5HS



Tel no. 020 7066 1000




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