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CW Residential PLC (CWE)

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Thursday 13 June, 2002

CW Residential PLC

Purchase of Own Securities

CW Residential PLC
13 June 2002

CW RESIDENTIAL PLC

13 JUNE 2002


CW Residential plc ('CW Residential' or 'the Company')

CW Residential plc announces that on 13 June 2002 it purchased 40,000 ordinary
shares of 10 pence each in its issued share capital at a price of 108 pence per
share.  These shares will be cancelled accordingly.  After cancellation, the
Company will have 4,152,500 ordinary shares of 10p each in issue.


END



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