Purchase of Own Securities

THE CARDIFF PROPERTY PLC
12 August 1999


Letter to Company Announcements Office

I write to advise you that The Cardiff Property plc has purchased 135,000 of its
own ordinary shares of 20 pence each at a price of £3.10 1/4.  The shares
acquired are to be cancelled.

From: DAVID A WHITAKER,
      Company Secretary, The Cardiff Property plc