7th November 2003

                              Freeport plc
                                    
                    Notice of Annual General Meeting

The  Annual General Meeting of Freeport plc, a leading owner,  developer
and  operator of factory outlet retail villages in Europe, will be  held
on 13th November 2003 at 10.00am at the offices of Dechert, 2 Serjeants'
Inn, London EC4Y 1LT.