RNS Number:8309O
Hampton Trust  PLC
19 August 2003


Hampton Trust PLC ("Hampton Trust" or the "Company")

19 August 2003

DISPOSAL OF PROPERTY

Hampton Trust announces that its subsidiary, Hampton Investment Properties
Limited, has exchanged contracts with Coryton Properties Limited ("Coryton") for
the disposal of Martin Evans House, Unit 2, Riverside Court, Avenue de Clichy,
Abermorlais, Merthyr Tydfil ("Martin Evans House") for a total cash
consideration of #1.5 million.


Coryton has paid the Company the full consideration in cash upon exchange of
contracts. Completion of the sale occurred simultaneously with the exchange of
contracts.


Martin Evans House, which was constructed within a complex of three
self-contained office buildings in 1996, comprises 13,494 square feet (1,254
square metres) of office accommodation. The freehold property is currently let
to a single tenant, Hugh James Solicitors and has a net passing rent of #123,000
per annum representing an initial net yield of 8 per cent.


The property's current book value is #1,292,000, resulting in a profit on
disposal of #208,000.


Hampton Trust, which owned a long-leasehold interest over the entire
development, acquired the freehold interest from the Law of Property Act
receiver in March 2003, thereby increasing the property's investment value. As
part of the Company's ongoing strategy to re-evaluate its property portfolio,
with a focus on the industrial sector, the decision was taken to dispose of the
property having exhausted alternative avenues for further improvement.



Enquiries:

Hampton Trust PLC                               Tel: 020 7499 4994
Graeme Jackson - Chairman & Chief Executive
David Diemer - Asset Director

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