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Primary Health Props (PHP)

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Thursday 28 July, 2005

Primary Health Props

Acquisition

Primary Health Properties PLC
28 July 2005

                                  News Release

28th July 2005

                         Primary Health Properties PLC



Primary Health Properties PLC ("PHP") announces that a wholly owned subsidiary
has entered into a forward purchase and funding agreement to purchase a new
medical centre in Derbyshire, for approximately £3.3 million (net assets
acquired £3.3 million) with an anticipated rent roll of some £210,000 per annum.
The building is let to a GP Practice and a pharmacy.



More information on Primary Health Properties PLC can be found on
www.phpgroup.co.uk





Further details:

Harry Hyman                          Adam Dalgliesh
Managing Director                    Property Director
Primary Health Properties PLC        Primary Health Properties PLC
Tel: 01483 306912                    Tel: 01483 306912
Mobile: 07973 344768                 Mobile: 07976 753168




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

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