RNS Number:9471R
BPP Holdings PLC
11 November 2003


                              BPP HOLDINGS PLC


BPP Holdings plc announces that Mr Michael Pennington, a director, has today
sold 98,374 ordinary shares in the Company at 295p per share, in order to fund a
divorce settlement.

Following this transaction, Mr Pennington holds no interest in the shares of the
Company.

                                                                   Sarah Habgood
                                                               Company Secretary
                                                              Tel: 020 8740 2201

                                                                11 November 2003



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