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Primary Health Props (PHP)

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Thursday 30 October, 2003

Primary Health Props

Re Agreement

Primary Health Properties PLC
30 October 2003


30th October 2003



Primary Health Properties PLC



Primary Health Properties PLC ("PHP") announces that its wholly owned subsidiary
Primary Health Investment Properties Limited has entered into a forward purchase
and funding agreement with Brackley Investments Limited to acquire a new medical
centre to be constructed in Burton Latimer, Northamptonshire, for approximately
£1,500,000 (net assets acquired £1,500,000) with an anticipated rent roll of
approximately £105,000 per annum.  The building will be let to a GP practice.




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








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