RNS Number:0419D
Bourne End Properties PLC
23 December 1999


              BOURNE END PROPERTIES PLC ("Bourne End")

         Sale of subsidiaries and cancellation of shares and
      Reduction of share premium account (together the "Proposals")


Further to the circular to Bourne End shareholders dated Friday, 29 October
1999, Bourne End announces that the Proposals have today been completed.

Enquiries:

     Bourne End                                 0171 631 4500
     Duncan Bain, Finance Director

     Baron Phillips Associates                  0171 224 1302
     Baron Phillips


END

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