Re Agreement

Primary Health Properties PLC
27 November 2002


27th November 2002

                         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 Brackley Investments Limited to acquire a new medical
centre to be constructed in Send, Surrey, for approximately £1.25 million (net
assets acquired £1.25 million) with an anticipated rent roll of some £97,700 per
annum.  The building will be let to a 4 GP Practice.  There will also be a
provision for a pharmacy.







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]




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