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RNS Number:4265P
Warner Estate Holdings PLC
12 January 2007



                           Warner Estate Holdings PLC

                        H&M AND ZARA SET THE FASHION FOR

               NEW SPACE AT MARKET PLACE SHOPPING CENTRE, BOLTON


Warner Estate Holdings PLC ("Warner Estate") has announced, on behalf of its
Agora Shopping Centre Fund ("Agora"), a joint venture with Bank of Scotland,
that an impressive list of leading fashion retailers has signed pre-lets for
Agora's #40million addition to Market Place Shopping Centre, Bolton.  H&M, Zara,
Warehouse, Lush, Principles, Office, Joy and Starbucks will all be opening their
first stores in Bolton, whilst Carphone Warehouse is taking a second store in
the town.

A total of 96,416 sq ft of new space is being created within the Grade II listed
Victorian Market Hall, which adjoins Market Place Shopping Centre.  The Market
Hall is being restored and will house innovative retail space designed by
architects van Heyningen and Haward.

Market Place Shopping Centre currently totals 320,000 sq ft and is the prime
retail space in Bolton, anchored by Debenhams, Next, Boots and River Island.
Construction of the new retail space will begin in Spring 2007, and will be
completed for trading by Christmas 2008.  H&M is taking 19,881 sq ft and Zara is
taking 16,103 sq ft.

Warner Estate asset manages Market Place for the Agora Shopping Centre Fund.
Michael Stevens, Property Director at Warner Estate, comments, "We are delighted
to have attracted such a high calibre of retailers to Market Place Shopping
Centre, and are confident that we will have more pre-lets to announce shortly.
Our proposals will restore the Market Hall to its former glory and will confirm
Market Place Shopping Centre as both the number one retail destination in Bolton
and one of the North West's premier shopping destinations."


                                    - ends -

Date: 12th January 2007


For further information contact:


Warner Estate Holdings PLC                      City Profile

Philip Warner, Chairman                         Simon Courtenay
Michael Stevens, Property Director              Tel: 020-7488-3244
Peter Collins, Finance Director
Tel: 020-7907-5100
Web: www.warnerestate.co.uk











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