Re Agreement

Primary Health Properties PLC
10 October 2000


                              
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 Brackley Investments Limited to acquire a  new
medical centre to be constructed in Penarth, South Wales, for
£1.4  million  (net  assets acquired £1.4  million)  with  an
anticipated  rent  roll  of some  £114,000  per  annum.   The
building will be let to a 6 doctor practice.



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]