RNS Number:2968T
Rugby Estates PLC
16 December 2003

Repesop Ltd, as trustee of Rugby Estates Plc All Employee Share Ownership Plan,
purchased on 15 December 2003 10,500 ordinary shares of 20p each in Rugby
Estates Plc at 260p per share.



Repesop's total holding of Rugby Estates Plc shares amounts to 72,490  (0.64% of
issued share capital) which are now held as follows:



Unconditionally awarded to directors:               11,160

Unconditionally awarded to other employees:          3,764

Conditionally awarded to directors:                 35,615

Conditionally awarded to other employees:           20,820

Not yet awarded to employees                         1,131



The shares unconditionally and conditionally awarded to directors are included
within each director's interests which have previously been disclosed.








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