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Statement re novation

14th Feb 2005 11:12

Primary Health Properties PLC14 February 2005 PRIMARY HEALTH PROPERTIES PLC The Board today (14 February 2005) announces that it has approved the novationof the existing joint management agreement from NEXUS Property ManagementServices Limited to NEXUS PHP Management Limited, also a wholly owned subsidiaryof NEXUS Structured Finance Limited. All terms of the contract remain the same. The Management Options granted by the Company to NEXUS Property ManagementServices Limited on 17 September 2003 have accordingly been transferred to NEXUSPHP Management Limited. This information is provided by RNS The company news service from the London Stock Exchange

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