RNS Number:6664K
Property Fund Management plc
02 May 2003


Substantial Shareholders


The Company was today notified under sections 198 to 208 of the Companies Act
1985 that following the sale of 200,000 ordinary shares on 24 April 2003, Mr
Richard Croft no longer holds a notifiable interest in the shares of Property
Fund Management plc.


Enquiries:

Marcus Shepherd                                      Tel: 020 7535 1818
Company Secretary


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