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Five Oaks Inv. Ld (65GU)

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Tuesday 17 June, 2003

Five Oaks Inv. Ld

Acquisition of Debentures

Five Oaks Investments Limited
17 June 2003

For immediate release

17 June 2003

Five Oaks Investments Limited

                       Acquisition of debenture stock

Five Oaks Investments Limited announces that it has redeemed £1.825 million of
83/8 per cent. First Mortgage Debenture Stock 2019, in accordance with the terms
of the trust deed. The amount of such stock which remains outstanding is £13.175


Five Oaks Investments Ltd

Graham Emmett            020 7467 5556

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

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