SAR 5 - BPP Holdings Plc

Schroders PLC 23 January 2006 FORM SAR 5 DISCLOSURE OF DISPOSALS (Rule 5 of The Rules Governing Substantial Acquisitions of Shares) Name of seller Schroder Plc Beneficial owner, if different from above Clients under discretionary management agreements with Schroder Investment Management Limited and its associates and subsidiaries. Names of any other persons acting by agreement n/a or understanding (see SAR 5) Company dealt in BPP Holdings Plc Class of voting shares (eg ordinary shares) Ord 10p shares Date of disposal 20.01.06 Number of shares disposed of 120,892 Number of rights over shares disposed of # n/a Nature of rights over shares n/a Total holding of voting shares (and percentage 10,787,463 (18.801%) of total voting shares in issue) Total holding of rights over shares (and n/a percentage of total voting shares in issue) Combined total holding (and percentage) of 10,787,463 (18.801%) voting shares and rights over shares Date of disclosure 23.01.06 Contact name Albion Onojobi Telephone number 020 7658 2962 # See the definition of 'rights over shares' in the Definitions Section of the SARs. For details of the SARs disclosure requirements, see SARs 3 and 5 and their Notes which can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk. This information is provided by RNS The company news service from the London Stock Exchange

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Schroders (SDR)
UK 100

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