RNS Number:5148S
Oakburn Properties PLC
26 November 2003

26 November 2003


                             Oakburn Properties PLC
                                  Offer Update


The Board of Oakburn Properties PLC ("Oakburn") announces, in accordance with
Rule 2.10 of the City Code on Takeovers and Mergers, that Oakburn has today
issued 96,000 new ordinary shares pursuant to the exercise of options by Douglas
and Simon Blausten.  Oakburn's enlarged issued share capital is 941,968 ordinary
shares.


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            The company news service from the London Stock Exchange
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