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Primary Health Props (PHP)

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Monday 10 May, 2004

Primary Health Props

Re Agreement

Primary Health Properties PLC
10 May 2004




10th May 2004



                         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 North Tidworth, Wiltshire, for approximately
£1,840,000 (net assets acquired £1,840,000) with an anticipated rent roll of
some £124,500 per annum.  The building will be let to a GP Practice and a
Pharmacy.


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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