Interim Management Statement

Cardiff Property PLC
29 January 2008


FOR IMMEDIATE RELEASE

THE CARDIFF PROPERTY PUBLIC LIMITED COMPANY ('the Company')

INTERIM MANAGEMENT STATEMENT

29 January 2008

The Company makes the following statement under the Financial Services Authority
Disclosure and Transparency Rules, Section 4.3 - Interim Management Statements.

From 29 November 2007, the date of the announcement of the results for the year
ended 30 September 2007, to the date of this statement, no material commercial
property transactions have taken place.

During this period the Company, as announced on the 4 December 2007, 11 December
2007 and 23 January 2008, purchased a total of 48,900 ordinary shares for
cancellation. The total consideration, including costs, was £365,973 which will
be charged directly to retained earnings.

The Thames Valley office letting market remains subdued. New office lettings
reported over the last period indicate rental levels have remained unchanged.

The group's residential development at Datchet Meadows, Slough is expected to
complete in June 2008 and a sales and marketing campaign is in preparation.

Uncertainty in the financial markets continues to affect confidence in the
commercial and residential property market and, as expected, capital values have
fallen.

The group, including Campmoss Property Company Limited, our 47.62% jointly
controlled entity, continues to actively manage its property portfolio and
pursue planning applications at Tangley Place, Worplesdon and Market Street,
Bracknell, as referred to in the chairman's statement accompanying the annual
results.

The group, including Campmoss, has adequate resources to complete the current
development programme. There have been no significant changes in the financial
position of the Company since the publication of the results for the year ending
30 September 2007.

The final dividend of 8.25 pence per share in respect of the year ended 30
September 2007, will be paid to shareholders on 7 February 2008.


J Richard Wollenberg
Chairman



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