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Primary Health Props (PHP)

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Monday 10 January, 2005

Primary Health Props

Re Agreement

Primary Health Properties PLC
10 January 2005




                         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
agreement to acquire a new medical centre and pharmacy to be constructed in
Buckinghamshire, for approximately £2.18 million (net assets acquired £2.18
million) with an anticipated rent roll of some £143,000 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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