Dealings by Directors

RNS Number:1440C
Westbury Property Fund Limited
07 October 2002

The Westbury Property Fund Limited

07 October 2002





DEALINGS BY DIRECTORS



1)    NAME OF COMPANY:

      The Westbury Property Fund Limited



2)    NAME OF DIRECTOR:

      Rodney Baker-Bates



3)                Please state whether notification indicates that it is in
respect of holding of the director named in 2 above or holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest



AS ABOVE



4)    Name of the registered holder(s) and, if more than one holder, the number
of shares held by each of them (if notified)



5)    Please state whether notification relates to a person(s) connected with
the director named in 2 above and identify the connected person(s)



6)    Please state the nature of the transaction.  For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary



      PURCHASE



7)    Number of shares/amount of stock acquired



      100,000



8)    (%) of issued class



      1.0%



9)    Number of shares/amount of stock disposed



      N/A



10)   (%) of issued class



      N/A



11)   Class of security

      CAPITAL SHARES



12)   Price per share



      95p



13)   Date of transaction



      07 October 2002



14)   Date company informed



      07 October 2002



15)   Total holding following this notification



      100,000



16)   Total percentage holding of issued class following this notification



      1.0%



IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE COMPLETE THE
FOLLOWING BOXES.



17)   Date of grant

      N/A



18)   Period during which or date on which exercisable

      N/A



19)   Total amount paid (if any) for grant of the option

      N/A



20)   Description of shares or debentures involved: class, number

      N/A



21)   Exercise price (if fixed at time of grant) or indication that grant is to
be fixed at time of exercise

      N/A



22)   Total number of shares or debentures over which options held following
this notification

      N/A



23)   Any additional information

      N/A



24)   Name of contact and telephone number for queries



      Jonathan Becher

      020 7426 3269



25)   Name and signature of authorised company official responsible for making
this notification





Date of notification

07 October 2002





END




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END

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