Completion of Merger

Westbury Property Fund Limited
21 September 2007


        The Westbury Property Fund Limited (the 'Company') to be renamed
                              STOBART GROUP LIMITED

Completion of Merger

The Directors are pleased to announce that the Company's Shares have been
admitted to listing on the Official List and to trading on the London Stock
Exchange and the Merger Agreement and the Disposal Agreement have now been
completed.

It is anticipated that the change of the Company's name to Stobart Group Limited
will become effective on 28 September 2007 following the approval of the Royal
Court of Guernsey.  Once the change becomes effective the Company's shares will
trade under the code 'STOB'.

Terms used in this Announcement shall have the same meanings as in the Circular.



                      This information is provided by RNS
            The company news service from the London Stock Exchange