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Purchase of own shares

8th Mar 2006 14:24

Cardiff Property PLC08 March 2006 CARDIFF PROPERTY PLC ("the Company") 8 March 2006 On 7 March 2006 The Cardiff Property plc purchased 14,000 of its own ordinaryshares of 20 pence each ("Shares") at a price of £9.85 per share. The sharesacquired are to be cancelled. Following this transaction, the unchanged holding of the Concert Party(comprising Mr J R Wollenberg and members of his family) of 531,298 Shares nowrepresents 30.17% of the Company's issued ordinary shares. Pursuant to thewaivers granted by the Takeover Panel and approved by shareholders (excludingthe Concert Party) at the Company's Extraordinary General Meeting on 12 January2006, there is no obligation on the Concert Party to make an offer under Rule 9or Rule 37 of the City Code on Takeovers and Mergers. END This information is provided by RNS The company news service from the London Stock Exchange

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Cardiff Property
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