Holding in Company

Pathfinder Properties PLC
5 September 2000

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     PATHFINDER PROPERTIES PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     PATHFINDER RECOVERY VENTURES LIMITED

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

     AS 2

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

     AS 2

5)   Number of shares/amount of stock acquired.

     200,000

6)   (0.28%) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY

10)  Date of transaction

     4/9/00

11)  Date company informed

     4/9/00

12)  Total holding following this notification

      14,548,836
               
              
13)  Total percentage holding of issued class following this notification

      20.68

14)  Any additional information

      PURCHASE PRICE 20.14p PER SHARE

15)  Name of contact and telephone number for queries

     ROBERT LO  
     0207 710 7400

16)  Name and signature of authorised company official responsible for 
     making this notification

     ROBERT LO  
     NABARRO WELLS & CO. LIMITED

     Date of Notification       5 SEPTEMBER 2000