Director Shareholding

Pathfinder Properties PLC
10 April 2001


From:          Nabarro Wells & Co. Limited

To:          Company Announcements Office

Date:          10 April 2001

Subject:     ANNOUNCEMENT

Release:     IMMEDIATE

ANNOUNCEMENT FOLLOWS:

PATHFINDER PROPERTIES PLC ('THE COMPANY')

Transaction by a Director in the Company's shares

The Company wishes to announce the following transaction by a director in the
Company's shares:

Director:                                      Malcolm Bacchus

Nature of Transaction:                         Purchase

Class of Shares:                               Ordinary shares of 10p each

Number of shares acquired:                     33,000

Price per share:                               15p

Date of Transaction:                           9 April 2001

Date of Notification to Company:               9 April 2001

Total holding following transaction:           87,000

Percentage of class of shares now held:        0.12%

Enquiries:

Malcolm Bacchus, Pathfinder Properties PLC 020 7736 9669

Robert Lo, Nabarro Wells & Co. Limited 020 7710 7400



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