Transaction in Own Shares

First Property Group PLC
23 August 2007

Transaction in own shares

First Property Group plc ('First Property') announces that on 22 August 2007 it
purchased 25,000 of its own ordinary shares at an average price of 19.0 pence
per ordinary share. All of the purchased shares are to be held as treasury
shares.

Following this transfer into treasury on 22 August 2007, First Property has in 
issue (excluding the total 625,000 ordinary shares now held in treasury) 
110,976,115 ordinary shares.

Enquiries:

George Digby
Finance Director
Tel: [phone]




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