RNS Number:6953I
Property Fund Management plc
13 March 2003


Property Fund Management plc

Additional listing

Pursuant to the announcement on 12 March 2003 that Property Fund Management plc
("the Company") had acquired the remaining 50 per cent. interest in its Dutch
joint venture company, The io Group Netherlands BV, application has today been
made for 459,501 new ordinary shares of 5p each in the capital of the Company to
be admitted to the Official List of the UK Listing Authority and to trading on
the London Stock Exchange. Admission is expected to take place on 17 March 2003.

13 March 2003


Enquiries:

John Sims, Chief Executive                                Tel: 020 7535 1818
Property Fund Management plc




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