13th Jan 2006 10:22
Slough Estates PLC13 January 2006 SLOUGH ESTATES plc INVESTOR PRESENTATION Slough Estates plc is today hosting a presentation to investors, as part ofSlough Estates' ongoing investor relations programme. The presentation by Chief Executive, Ian Coull and Finance Director, DavidSleath will include an overview of the business, an update on recent events, afocus on the business in Continental Europe, an analysis of Slough Estates'development pipeline and comments on current views on the proposed REITlegislation. The presentation will start at approximately 10:30 GMT and a live webcast can beaccessed (together with a copy of the presentation materials) directly via theInvestor Relations section of the Slough Estates' website atwww.sloughestates.com - from where viewers will be linked to a registration pageat http://www.rawcoms.com/content/corporate/sloughestates/060113/index.html. Thepresentation can also be viewed via www.streetevents.com - a Thomson Financialcompany. Following the live transmission the recorded webcast will also beavailable for later viewing. The webcast will include the Q&A session. Additional Information: The presentation will include details of the Group's extensive developmentpipeline as at 30 June 2005, including the following indicative data: - total potential land area available for development: 258 hectares- total potential building area to be constructed: 1.5 million sq. m.- estimated total development costs: £2 billion- aggregate potential future expenditure: £1.5 billion- estimated annual rental value once fully constructed and let: £182 million The above data includes existing projects under construction as well aspotential future developments of properties owned by the Group as of 30 June2005, including the Group's share of projects within its joint ventures andassociate. The information includes all projects whether held for investment ortrading purposes. Further analysis and data regarding the development pipeline will be includedwith the presentation (available on the Group's website). Of the aggregatepotential future expenditure of £1.5 billion, approximately £0.5 billion relatesto projects approved or committed. All of the data set out above represents an estimate of potential developmentsand should not be regarded as a forecast. Potential future developments aresubject to internal authorisation and planning approval where necessary.Projects are likely to change during the approvals process and actual amountsmay differ significantly from the amounts shown above. Note: This press release may contain certain forward-looking statements withrespect to Slough Estates' expectations and plans, strategy, management'sobjectives, future performance, costs, revenues and other trend information.These statements and forecasts involve risk and uncertainty because they relateto events and depend upon circumstances that may occur in the future. There area number of factors which could cause actual results or developments to differmaterially from those expressed or implied by these forward looking statementsand forecasts. The statements have been made with reference to forecast pricechanges, economic conditions and the current regulatory environment. Nothing inthis presentation should be construed as a profit forecast. Past share performance cannot be relied on as a guide to future performance. Further information: Slough Estates The Maitland ConsultancyMichael Waring Colin Browne01753 213335 020 73795151 Notes to editors Slough Estates is a leading provider of flexible business space in businessparks in Western Europe and North America, with over 1500 customers occupyingapproximately 3m square metres of business space. Slough Estates' properties arein suburban locations in close proximity to the main business centres, wherethere is long term demand for business accommodation to serve these key economicregions. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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