Notice of Results

First Property Group PLC 08 November 2006 8 November 2006 First Property Group plc Notice of interim results First Property Group plc (AIM: FPO), the online commercial property transaction platform and property asset manager will announce interim results for the six months to 30 September 2006 on 30 November 2006. -ENDS- For further information: Tavistock Communications Richard Sunderland/ Rachel Drysdale 020 7920 3150 rsunderland@tavistock.co.uk / rdrysdale@tavistock.co.uk Notes to Editors: First Property Group is an integrated, internet based, property services and asset management group. Its various divisions are: First Property Asset Management ('FPAM') - First Property Group's property fund management subsidiary, commenced trading in October 2002. FPAM now has five funds, containing circa £24 million of property assets, under management. In addition to the activities carried out by FPAM, Fprop also recently signed a new £50 million commercial property fund management mandate from the Universities Superannuation Scheme which can borrow up to three times the amount invested. This fund will invest in commercial property in the United Kingdom, and Central and Eastern Europe, utilising Fprop's expertise in the UK and its recently opened Warsaw office. Typical lot sizes are likely to be between £3 million and £30 million covering the retail, office and industrial sectors. Commercial Property Database ('CPD') - In 2001, Fprop acquired CPD, which provides access to its interactive database of UK properties exclusively to commercial property agents via their own web sites, giving multiple searching of size, location and property type thus also providing agents with an income generating facility. CPD provides database and web services to about 100 commercial property agents in the UK. Online Sales of Properties - First Property Group plc operates a web based business-to-business property transaction platform established to facilitate the buying and selling of UK commercial property. By combining an email marketing campaign, to its database of some 35,000 property practitioners, with links to detailed property details at www.fprop.com, it sells property entirely online without the assistance of any traditional services. Property Transaction Underwriting - Given Fprop's access to property for sale, its financing capability, its online sales capability and its in-house expertise, the Company also operates a property transaction underwriting service. This service allows Fprop to target vendors who have property for sale and offer to act as a buyer of last resort. If the property is sold on the market, any upside above the guaranteed price is typically shared 50/50 between the vendor and the Company. This information is provided by RNS The company news service from the London Stock Exchange
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