Proposed Acquisition of First Pacific Davies Ltd

Savills PLC
20 March 2000


Proposed acquisition of First Pacific Davies Limited

                  Circular posted

Savills announces that the Circular and Listing Particulars,
containing the board's recommendation and further details of
the proposed acquisition of First Pacific Davies Limited, as
announced on 6 March 2000, were posted to shareholders of
Savills on 17 March 2000.

Enquiries:

Savills                                          020 7409 9923
Aubrey Adams

Dresdner Kleinwort Benson                        020 7623 8000
Henry Somerset

Hoare Govett Limited                             020 7678 8000
Ranald McGregor-Smith

Buchanan Communications                          020 7466 5000
Andy Yeo

Kleinwort Benson Limited ('Dresdner Kleinwort Benson'), which
is regulated in the UK by the Securities and Futures Authority
Limited, is acting exclusively for Savills in connection with
the acquisition and no-one else and will not be responsible to
anyone other than Savills for providing the protections
afforded to customers of Dresdner Kleinwort Benson or for
giving advice in relation to the acquisition.