Share Repurchase

Hammerson PLC
6 December 2001

      
Hammerson Share Repurchase  
 
Hammerson plc announces that on 5 December 2001, it purchased for
cancellation 3,275,000 of its ordinary shares at a price of 443p per ordinary
share.
 
      
For further information:
 
Simon Melliss                                         Tel: [phone]
Group Finance Director                                Fax: [phone]
 
Christopher Smith
Director of Corporate Affairs