13th Apr 2006 07:01
Westbury Property Fund Limited13 April 2006 Press Release 13 April 2006 THE WESTBURY PROPERTY FUND LIMITED NOVATION OF INVESTMENT MANAGEMENT AGREEMENT The Board (the "Board") of The Westbury Property Fund Limited (the "Fund")welcomes the announcement today of the proposed acquisition of Berrington, theFund's investment manager, by The Medical Property Investment Fund Limited. TheBoard believes that Berrington will be significantly strengthened by thisacquisition and is satisfied that Richard Burrell, Nigel Rawlings and BenBrowne-Clayton will remain fully committed to providing investment managementservices to the Fund. The board has given its unanimous consent and the Fundintends to enter into a novation agreement in relation to its investmentmanagement agreements. - ends - For further information, please contact: Rodney Baker-Bates Tony Langham/James HorsmanChairman Lansons Communications020 7659 6271 020 7294 3617 / 020 7294 3686 07979 692 287 / 07730 989 699 or visit www.berringtonfm.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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