Director Shareholding

Comprop Limited
31 August 2001

                                 SCHEDULE 11

         NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1)    Name of company

      ComProp Limited

2)    Name of director

      Thomas Hays Scott

3)    Please state whether notification indicates that it is in respect of
      holding of the shareholder named in 2 above or in respect of a
      non-beneficial interest or in the case of an individual holder if it is a
      holding of that person's spouse or children under the age of 18 or in
      respect of a non-beneficial interest

      As in 2 above

4)    Name of the registered holder(s) and, if more than one holder, the number
      of shares held by each of them (if notified)

      Lapwing Investments Limited

5)    Please state whether notification relates to a person(s) connected with
      the Director named in 2 above and identify the connected person(s)

      N/A

6)    Please state the nature of the transaction. For PEP transactions please
      indicate whether general/single co PEP and if discretionary/non
      discretionary

      Purchase or Ordinary Shares of 5p each

7)    Number of shares/amount of stock acquired

      100,000

8)    Percentage of issued class

      0.28%

9)    Number of shares/amount of stock disposed

      N/A

10)   Percentage of issued class

      N/A

11)   Class of security

      Ordinary Shares of 5 pence each

12)   Price per share

      85 pence

13)   Date of transaction

      29 August 2001

14)   Date company informed

      30 August 2001

15)   Total holding following this notification

      10,000,000

16)   Total percentage holding of issued class following this notification

      28.29%

If a director has been granted options by the company please complete the
following boxes

17)   Date of grant

      N/A

18)   Period during which or date on which exercisable

      N/A

19)   Total amount paid (if any) for grant of the option

      N/A

20)   Description of shares or debentures involved: class, number

      N/A

21)   Exercise price (if fixed at time of grant) or indication that price is to
      be fixed at time of exercise

      N/A

22)   Total number of shares or debentures over which options held following
      this notification

      N/A

23)   Any additional information

      N/A

24)   Name of contact and telephone number for queries

      Paul Davies - 020 7523 8309

25)   Name and signature of authorised company official responsible for making
      this notification

      Paul Davies

Date of Notification 31 August 2001