Exercise of Options

ComProp Limited
14 March 2003

                        ComProp Limited (the 'Company')


Pursuant to the exercise of options over 200,000 ordinary shares of 5p each in
the Company, application has been made for these new ordinary shares ('New
Shares') to be admitted to the Alternative Investment Market ('AIM'). The option
exercise price is 5 pence per share.

Admission of the New Shares to AIM is expected to become effective at 8.00 am on
21 March 2003.


14 March 2003


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