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Primary Health Props (PHP)

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Tuesday 06 April, 2004

Primary Health Props

Statement re scrip dividend

Primary Health Properties PLC
06 April 2004


6 April 2004

                  Primary Health Properties plc (the "Company")


On 21 November 2002, at the Company's extraordinary general meeting, the
directors of the Company ("Directors") were granted authority to offer new
ordinary shares of 50p each ("New Ordinary Shares") instead of cash in respect
of dividends (the "Scrip Dividend Alternative"). On 12 March 2004 the Directors
announced an interim dividend for the year ending 30 June 2004 of 5.5p per
Ordinary Share (the "Interim Dividend").


A circular dated 6 April 2004 will be posted to shareholders in respect of the
Scrip Dividend Alternative (the "Circular") together with a form of election and
notice of entitlement and the Company's Interim Report. The Circular will offer
shareholders on the register of members on 26 March 2004 the opportunity to
elect to receive New Ordinary Shares instead of cash in respect of the Interim
Dividend.




Financial Calendar for the Interim Dividend                               2004


Ordinary Shares quoted ex-dividend                                    24 March


Record date for final dividend                                        26 March


Posting of forms of election and notices of entitlement                6 April


Latest date for receipt of forms of election                            6 May


Interim dividend warrants despatched for payment and
definitive share certificates and notional tax voucher
to Crest participants posted                                           20 May


Payment Date                                                           20 May


Dealings expected to commence in new Ordinary Shares                   21 May


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

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