Property Investment

Highcroft Investments PLC
12 January 2006


HIGHCROFT INVESTMENTS PLC

Commercial Property Investment


Having reviewed a number of opportunities, the Board is pleased to announce that
on 11 January 2006 a subsidiary of Highcroft Investments PLC, Rodenhurst Estates
Limited, purchased a property located in Staines funded by a combination of own
cash resources and a loan drawn down from a bank facility made available by
Lloyds TSB plc to provide the debt element of any property purchases in the
medium term.


The property comprises three retail units, with office accommodation above, let
to four separate tenants.  In addition, there is planning permission, obtained
by the previous owner, to extend the property to include nine residential units.
The directors will be pursuing this opportunity over the coming months. The
value of the net assets acquired is to be satisfied by a consideration of
£2,825,000.  The profits attributable to the transaction are expected to be
approximately £153,500 per year.


12 January 2006


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