Significant Shareholding

Pathfinder Properties PLC
11 September 2006




FOR IMMEDIATE RELEASE                                         11 September 2006


            PATHFINDER PROPERTIES PLC ('Pathfinder' or the 'Company')
                            SIGNIFICANT SHAREHOLDING
                                        
The Company was informed on 11 September 2006 that as at that date, W.A.Lipien
held 2,666,630 ordinary shares in  Pathfinder, representing 3.3% of the issued
ordinary share capital.






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