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Wates C.Ldn.Props. (WLP)

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Thursday 28 September, 2000

Wates C.Ldn.Props.

Acquisition

Wates City of London Properties PLC
28 September 2000


WATES CITY OF LONDON PROPERTIES plc

Wates City of London Properties plc has today completed the purchase from
Sumitomo Corporation of the 50% of Vintners' Place Limited not already owned
by it.

The sole asset of Vintners' Place Limited is Vintners' Place, a 24,500 sq m
multi-let office building, which is fully let and income producing.



                                                                                
              

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