RNS Number : 3595Z
  Commercial Group Properties PLC
  18 July 2008
   



    Commercial Group Properties PLC
    18 July 2008


    Commercial Group Properties PLC

    ("Commercial Group", "CGP" or "the Company")

    Information Update

    The Company was informed yesterday that as at 2 July 2008 HSBC Holdings Plc through HSBC International Trustee Limited holds 1,798,000
ordinary shares in the Company representing a holding of 8.56% of the Company's issued share capital and voting rights. We are pleased that
HSBC continues to support the Company and has raised its shareholding.

    Next week we welcome the visit to the Manston "China Gateway" site by Mr. Feng Jun CEO of Beijing Huaqi Information Digital Technology
Co. Ltd. Huaqi, established in 1993, known through its international branding as "Aigo" is a leading manufacturer of portable storage
devices, digital products and DIY computer components. We are currently in negotiations with Huaqi with the view to them leasing property on
the site.

    The planning process for phase 1 of the Manston site is ongoing and we expect a decision next month.

    End

    For further information, please contact:


 Commercial Group Properties PLCKen Wills             +44 (0)1843 860 866
                                                                         
 Beaumont Cornish LimitedRolandCornish                +44 (0)20 7628 3396
                                                                         
 Square1 Consulting LimitedDavid Bick, Mark Longson   +44 (0)20 7929 5599

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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