Re Agreement

Savills PLC 28 November 2000 Acquisition of an interest in an internet property website operator The Directors of Savills plc are pleased to announce the conditional agreement by its subsidiary, FPDSavills Commercial Limited, for the acquisition of 1,153,846 shares in First Property Online Limited for a consideration of £11,538, which will be satisfied in cash. This acquisition is conditional upon the approval by shareholders of Hansom Group PLC of its proposed acquisition of First Property Online Limited. As a result of this acquisition, FPDSavills Commercial Limited will acquire 7.5% of the issued share capital of Hansom Group PLC. Justin Roberts, Director of Savills plc, commented: 'This investment reflects FPDSavills commitment to work with other agents and with property owners to bring greater liquidity to the property market. This will be achieved by harnessing technology to reduce costs and to widen sales exposure for property transactions.' Further enquiries, please contact: Justin Roberts, Savills plc 020 7409 8777

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Savills (SVS)
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