RNS Number:0171K
Haslemere N.V.
15 April 2003


                                                                   15 April 2003

                                 Haslemere N.V.


Haslemere N.V. announces that it has bought in for cancellation a further
GBP10.8 million of the GBP200 million 6.25% First Mortgage Debenture Bonds 2024
issued in 1999 by its Jersey subsidiary, Haslemere Jersey Finance Ltd.  The
company previously announced, on 20 March 2003, that an aggregate GBP56.5
million had been bought in, and this current transaction brings the total bought
in for cancellation to GBP67.3 million.

Following cancellation, GBP132.7 million of the Bonds will remain outstanding.


For further information contact:


Haslemere N.V.
David Lee, Finance Director                                  +44 (0)20 7467 4500
Constantijn van Rietschoten, Investor Relations              +31 (0)10 201 36 21

Gavin Anderson & Company
Byron Ousey                                                  +44 (0)20 7554 1400

Website                                                      www.haslemerenv.com




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