RNS Number:5742W
Primary Health Properties PLC
16 March 2004


16th March 2004

                        Primary Health Properties PLC

Primary Health Properties PLC ("PHP") announces that its wholly owned subsidiary
Primary Health Investment Properties Limited has entered into a forward purchase
and funding agreement with Sapphire Primary Care Developments Limited to acquire
a new medical centre to be constructed in Hednesford, Staffordshire, for
approximately #2.76 million (net assets acquired approximately some #2.76
million) with an anticipated rent roll of some #186,000 per annum.  The building
will be let to the Local Primary Care Trust and Lloyds Pharmacy.

Further details:

Harry Hyman                              Adam Dalgliesh
Managing Director                        Property Director
Primary Health Properties PLC            Primary Health Properties PLC
Tel: 01483 306912                        Tel: 01483 306912
Mobile: 07973 344768                     Mobile: 07976753168


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

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