RNS Number:1506C
Property Fund Management plc
19 August 2004


                  Property Fund Management plc ("the Company")
                             Rule 2.10 Announcement

In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, the
Company confirms that, as at close of business on 18 August 2004, it had in
issue 22,124,895 ordinary shares of 5 pence each.

The International Securities Identification Number for these shares is
GB0031581449.




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

END
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