Transaction in Own Shares

First Property Group PLC
26 February 2007

Transaction in own shares

First Property Group plc ('First Property') announces that on 23 February 2007
it purchased 450,000 of its own ordinary shares at an average price of 19.0
pence per ordinary share. All of the purchased shares are to be held as treasury
shares.

Following the transfers into treasury on 23 February 2007, First Property has 
in issue (excluding the total 450,000 ordinary shares held in treasury) 
111,151,115 Ordinary Shares.

Enquiries:

George Digby
Finance Director
Tel: [phone]




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