Purchase of Own Securities

Great Portland Estates PLC
15 February 2000


Great Portland Estates PLC
Purchase of Own Shares

Great Portland Estates PLC announces that it has today
purchased for cancellation  2,204,240 of its ordinary
shares from Cazenove & Co. at a price of 182p per shares.

Enquiries:

John Whiteley   Great Portland Estates PLC0171 580 3040

Duncan Hunter   Cazenove & Co.    0171 588 2828