Directors' Dealings

BRADFORT PROPERTY TRUST PLC 21 July 1999 THE BRADFORD PROPERTY TRUST PLC ('BPT' OR 'the Company') The Company was informed on 20 July 1999, that BPT Employee Benefits Trustee Limited purchased 88,898 ordinary shares of 5p each in the Company on 19 July 1999 at a price of 271p. This purchase represents shares that are held by the BPT Employee Benefits Trust, as to 63,069 ordinary shares under The BPT Annual Incentive Plan and 25,829 ordinary shares under The BPT Long Term Share Incentive Scheme. In accordance with the Rules of The BPT Annual Incentive Plan, directors of the Company have a right to acquire ordinary shares as follows: D G Baker: 12,453 T N Watts: 12,453 N A Denby: 8,302 G R Butterworth: 3,758 Such rights can be exercisable in July 2002 and include the right to receive a Matching Award under the Rules of the Plan. In accordance with the Rules of The BPT Long Term Share Incentive Scheme, shares will be vested in the relevant employees in 2002 only upon the achievement of the specified performance criteria. Ordinary shares are allocated for the possible future benefit of directors of the Company as follows: T N Watts: 5,535 N A Denby: 3,690 G R Butterworth: 1,845 The BPT Employee Benefits Trust now holds a total of 203,541 ordinary shares, representing 0.14 per cent of the Company's issued ordinary share capital. The other interests of those directors named above in the Company's issued share capital remain unchanged.
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