PROP Property Rec.

    Director/PDMR Shareholding
             



15 December 2008

Property Recycling  Group plc  has  received notification  from  Paul
Rackham Snr, chairman of the  Company, that he has purchased  145,000
ordinary shares  of 5p  each  ("Ordinary Shares")  today at  11p  per
Ordinary Share. Following this purchase  Mr Rackham is interested  in
8,154,925 Ordinary Shares representing 22.5 per cent. of the Ordinary
Shares in  issue and   the  interests of  the Rackham  Family  (which
include Mr Rackham's interests) amount to 19,087,500 Ordinary  Shares
representing 52.7 per cent. of the Ordinary Shares in issue.



For further information please contact:

Paul Rackham, Chairman
Property   Recycling   Group   plc
                        01953 717176

Geoff Nash
FinnCap,  Nominated   adviser  and   joint  broker
            020 7600 1658

John Webb
Marshall Securities, Joint Broker
            020 7490 3788

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