Acquisition of Medical Centre

Primary Health Properties PLC
28 August 2001

                        Primary Health Properties PLC



Primary Health Properties PLC ('PHP') announces that its wholly owned
subsidiary Primary Health Investment Properties Limited has entered into a
forward purchase and funding agreement with AAH Subsidiaries Limited to
acquire a new medical centre to be constructed in Derbyshire Lane, Stretford,
for approximately £2.54 million (net assets acquired £2.54 million) with an
anticipated rent roll of some £207,000 per annum.  The building will be let to
a GP Practice and the Local Primary Care Trust.  There will also be a Pharmacy
let to Lloyds Pharmacy Limited.



28 August 2001

Further details:

Harry Hyman                                    Adam Dalgliesh
Managing Director                              Director
Primary Health Properties PLC                  Primary Health Properties PLC
Tel: [phone]                              Tel: [phone]
Mobile: [phone]                           Mobile: [phone]