Re Agreement

Hammerson PLC
04 January 2006



OFFICE LETTINGS - 18 & 19 HANOVER SQUARE, LONDON W1


Hammerson plc has signed leases at its two recently refurbished office
buildings, 18 & 19 Hanover Square, London W1, following which both buildings are
fully let.

At 18 Hanover Square, Avanta Management Services Limited, a serviced office
business, has leased 2,860 m(2) (30,780 ft(2)) of office accommodation. The
annual rent is £1.49 million. The lease term is 10 years, with the equivalent of
an 18 month rent free period.

At 19 Hanover Square, Lend Lease Europe Limited, the European subsidiary of the
Australian property company, will occupy 2,910 m(2) (31,340 ft(2)). The annual
rent is £1.40 million, with an initial rent free period of 13 months on a 10
year lease.

John Richards, Chief Executive of Hammerson plc said:

     ' Hammerson's West End office portfolio is now fully let. These two deals
     confirm the recent upturn in the central London office market. We are also
     seeing encouraging interest in our City office schemes, and are confident 
     of having further deals to announce early in 2006.'



For further information:

John Richards, Chief Executive, Hammerson plc                Tel:  [phone]

Chris Smith, Director of Corporate Affairs, Hammerson plc    Tel:  [phone]
                                                          [e-mail]


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