Purchase of own shares

Cardiff Property PLC
08 March 2006


CARDIFF PROPERTY PLC ('the Company')


8 March 2006


On 7 March 2006 The Cardiff Property plc purchased 14,000 of its own ordinary
shares of 20 pence each ('Shares') at a price of £9.85 per share. The shares
acquired are to be cancelled.


Following this transaction, the unchanged holding of the Concert Party
(comprising Mr J R Wollenberg and members of his family) of 531,298 Shares now
represents 30.17% of the Company's issued ordinary shares. Pursuant to the
waivers granted by the Takeover Panel and approved by shareholders (excluding
the Concert Party) at the Company's Extraordinary General Meeting on 12 January
2006, there is no obligation on the Concert Party to make an offer under Rule 9
or Rule 37 of the City Code on Takeovers and Mergers.


END



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