RNS Number:9475O
Haslemere N.V.
22 August 2003

                                                       Rotterdam, 22 August 2003

                                 PRESS RELEASE

Haslemere N.V. announces that it has bought in for cancellation a further GBP
17.5 million of the GBP200 million 6.25% First Mortgage Debenture Bonds 2024
issued in 1999 by its Jersey subsidiary, Haslemere Jersey Finance Ltd. The
company previously announced, on 15 April 2003, that an aggregate GBP67.3
million had been bought in, and this current transaction brings the total bought
in for cancellation to GBP 84.8 million.

Following cancellation, GBP 115.2 million of the Bonds will remain outstanding.

For further information contact:

Haslemere N.V.
David Lee, Finance Director                            +44 (0)20 7467 4500

Wilbert van Twuijver, Investor Relations               +31 (0)10 201 36 04

Gavin Anderson & Company
Charlotte Stone                                        +44 (0)20 7554 1400

Website : www.haslemerenv.com


                      This information is provided by RNS
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