RNS Number:9870R
Wynnstay Properties PLC
28 February 2007

28 February 2007



                    Wynnstay Properties PLC (the "Company")

                               Property Disposal


Wynnstay Properties PLC announces that on 26th February 2007, contracts were
exchanged for the sale at auction of its freehold industrial property at 1-3
Vinces Road, Diss, Norfolk for a cash consideration of #330,000 payable on
completion, scheduled for 26th March 2007.



After taking account of the settlement negotiated with the previous tenant and
the selling costs involved, this disposal is expected to result in a net surplus
over book value of approximately #95,000, which will be reflected in the
Company's financial statements for the year ending 25th March 2007.



The proceeds of sale will be applied in reducing the Company's borrowings,
thereby providing additional funds for future property acquisitions.



Commenting on the transaction, Philip Collins, Chairman, said "Current market
conditions provided an opportunity for the profitable disposal of this vacant
property where the lease expired in November 2006 and which we considered to
have limited tenant demand and growth potential as well as being located outside
the Company's preferred focus for future investment."





Enquiries:



Mark Taylor, Charles Stanley Securities, 020 7149 6000



END




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