RNS No 5188b
CRESTON LAND & ESTATES PLC
17th November 1997

MARKET PURCHASES OF OWN SHARES AND CULS

Further to the announcement made earlier today concerning Creston Land & Estates
plc's purchase on 14th November 1997 of #500,000 nominal of the company's 6%
convertible redeemable unsecured loan stock at a cost of #350,000 the company
advises that the loan stock acquired will be cancelled.

END


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