Purchase of Own Shares

Cardiff Property PLC
08 May 2008

FOR IMMEDIATE RELEASE

8 May 2008

The Cardiff Property plc ('the Company')

Purchase of own shares

On 8 May 2008, the Company purchased 6,386 of its own ordinary shares of 20
pence each ('Shares') at a price of £6.95 per share. The Shares acquired are to
be cancelled.

Following this transaction, the unchanged holding of Mr J R Wollenberg and
members of his family ('the Concert Party') of 531,886 Shares, now represents
31.65% of the Company's issued Shares. Pursuant to the waivers granted by the
Takeover Panel and approved by shareholders (excluding the Concert Party) at the
Company's Extraordinary General Meeting held on 10 January 2008, there is no
obligation on the Concert Party to make an offer under Rule 9 or Rule 37 of the
City Code on Takeovers and Mergers.

The number of Shares with voting rights in issue following this transaction is
1,680,294. Therefore the total number of voting rights in the Company is
1,680,294 which number may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change in their interest in, the Company under the FSA's
Disclosure and Transparency Rules.

For further information:

The Cardiff Property plc   Richard Wollenberg      01784 437444
Arbuthnot Securities       Richard Johnson         020 7012 2000

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