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Property Recyling Group plc (PROP)

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Wednesday 21 March, 2007

Property Recyling Group plc

Holding(s) in Company

The Company received notification from Asset Value Investors Limited
on 20 March 2007 under the amended disclosure rules that it holds an
interest in 5.25 per cent. of the issued Ordinary Shares of the
Company. The shares are held as follows:

Registered holder Number of shares Beneficial holder

Pictet Nominees          1,456,658 European Asset Value Fund
Mellon Nominees            418,117 Trustees of Princeton University
Mellon Nominees             25,225 Trustees of Robinson University

Announcement issued by:

John Webb, Marshall Securities Limited (Nominated Adviser) 020 7490



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