8th Sep 2005 12:26
Warner Estate Holdings PLC08 September 2005 Warner Estate Holdings PLC CHAIRMAN'S AGM STATEMENT Speaking at today's Annual General Meeting of Warner Estate Holdings PLC("Warner Estate"), the property investment company, the Chairman, Philip Warnermade the following statement, " I am pleased to report good progress since our full year results wereannounced in June. At that time the offer for Ashtenne Holdings had beendeclared wholly unconditional and the £256 million Apia Regional Office Fund hadbeen established with Morley Fund Management. These events confirmed our abilityto attract institutional support and increased our property assets undermanagement to just under £2billion. The integration of Ashtenne is going smoothly and the programme of disposal ofsurplus properties is underway. We continue to strengthen our asset management team by attracting high calibreindividuals and we are well placed to make the most of opportunities in ourenlarged portfolio. " We have now delivered 34 years of dividend growth, an achievement of which allthe staff can be rightly proud. I remain confident of continuing progress." -ends- Date: 8 September 2005For further information contact: Warner Estate Holdings PLC City ProfilePhilip Warner, Chairman Simon CourtenayTel: 020-7907-5100 Oliver WintersWeb: www.warnerestate.co.uk Tel: 020-7448-3244 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Wt Wner Usd