Holding(s) in Company

First Property Group PLC
01 December 2005



First Property Group plc ('First Property' or 'Company') announces that it
received notification on 29 November 2005 that Philippe Investment Management
Inc. owns 7,893,200 ordinary shares of 1p each in First Property, representing
7.0 per cent of the issued share capital of the Company.

Enquiries:
Ben Habib - Chief Executive
First Property Group plc
Tel: [phone]


End 1 Decemeber, 2005


                      This information is provided by RNS
            The company news service from the London Stock Exchange