Director Shareholding

Pathfinder Properties PLC
12 April 2001

From:          Nabarro Wells & Co. Limited

To:          Company Announcements Office

Date:          12 April 2001

Subject:     ANNOUNCEMENT

Release:     IMMEDIATE

ANNOUNCEMENT FOLLOWS:

PATHFINDER PROPERTIES PLC ('THE COMPANY')

Transaction by a Director in the Company's shares

The Company wishes to announce the following transaction by a director in the
Company's shares:
Director:                                      Simon Dawkins
Nature of Transaction:                         Purchase
Class of Shares:                               Ordinary shares of 10p each
Number of shares acquired:                     10,000
Price per share:                               15p
Date of Transaction:                           12 April 2001
Date of Notification to Company:               12 April 2001
Total holding following transaction:           10,000
Percentage of class of shares now held:        0.01%



Enquiries:

Malcolm Bacchus, Pathfinder Properties PLC 020 7736 9669

Robert Lo, Nabarro Wells & Co. Limited 020 7710 7400



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