AGM - Additional Resolution

Pathfinder Properties PLC
15 August 2003



FOR IMMEDIATE RELEASE
                                                                 15 August 2003



                            PATHFINDER PROPERTIES PLC
                        ('PATHFINDER' OR 'THE COMPANY')

          NOTICE TO SHAREHOLDERS OF ADDITIONAL RESOLUTION TO BE PROPOSED
                            AT ANNUAL GENERAL MEETING


In response to a requisition from Sunnyview Limited, a substantial shareholder
in the Company, the directors of Pathfinder have today despatched a Notice to
Shareholders of an additional Ordinary Resolution to be proposed at the Annual
General Meeting of the Company to be held on 10 September 2003, together with an
additional proxy form.


The Notice to Shareholders is available for inspection on the Company's website
(www.pathfinderplc.com). Copies may also be obtained from the Company by writing
to Pathfinder Properties PLC, Capital House, Michael Road, London SW6 2YH.


For further information:

Malcolm Bacchus, Pathfinder Properties PLC [phone]
Jeremy Carey, Tavistock Communications [phone]






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