Circ re. Articles

Peel Hldgs PLC
14 November 2003


Peel Holdings p.l.c. ('the Company')
Circular to Shareholders available for inspection

Today the Company issued a circular to its shareholders concerning proposed
amendments to the Company's articles of association.

A copy of this Circular is available for inspection at the Company's registered
office, Peel Dome, The Trafford Centre, Manchester, M17 8PL for a period of one
month from today.


14 November 2003


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