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Purchase of Own Shares

4th Aug 2006 10:37

Cardiff Property PLC04 August 2006 THE CARDIFF PROPRTY PLC ("the Company") 4 August 2006 On 3 August 2006, the Company purchased 20,000 of its own ordinary shares of 20pence each ("Shares") at a price of £9.80 per share. The shares acquired are tobe 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 30.52% of the Company's issued Shares. Pursuant to the waiversgranted by the Takeover Panel and approved by shareholders (excluding theConcert Party) at the Company's Extraordinary General Meeting held 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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