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Forward Purchase Agreement

15th Mar 2005 13:53

Medical Property Investment Fd Ltd15 March 2005 The Medical Property Investment Fund Limited (the "Company") The Company announces that it has entered into a forward purchase and fundingagreement to acquire a new 66,000 sq ft development in Middlesborough forapproximately £15m. When construction is completed, North Ormesby Medical Village will accommodate 5GP practices into a single medical centre with PCT clinical space, a ChildrensDay Nursery, a pharmacy, a dentist, an optician and retail space. It will beconstructed in three phases over a period of circa 18 months. For further information please contact: Richard Burrell 01244 893 680 / 020 7659 6271Berrington Fund Management LLP This information is provided by RNS The company news service from the London Stock Exchange

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