Director Shareholding

Pathfinder Properties PLC
18 June 2001

From:          Nabarro Wells & Co. Limited

To:          Company Announcements Office

Date:          18 June 2001

Subject:     ANNOUNCEMENT

Release:     IMMEDIATE

ANNOUNCEMENT FOLLOWS:

PATHFINDER PROPERTIES PLC ('THE COMPANY')

Transactions in the Company's shares

The Company wishes to announce the following transactions in the Company's
shares:

Director:                                      Simon Dawkins
Nature of Transaction:                         Purchase
Class of Shares:                               Ordinary shares of 10p each
Number of shares acquired:                     20,000
Price per share:                               14.75p
Date of Transaction:                           14 June 2001
Date of Notification to Company:               14 June 2001
Total holding following transaction:           30,000
Percentage of class of shares now held:        0.04%



Enquiries:

Malcolm Bacchus, Pathfinder Properties PLC 020 7736 9669

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



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