Purchase of Own Securities

Peel Hldgs PLC
1 February 2000

On Tuesday 1st February 2000, the Company purchased its own shares for
cancellation as follow:


  100,000  Ordinary shares of 25p each at 431p per share
  450,000  5.25% Convertible Preference shares at £1 each at 160p per share
1,218,695  5.25% Convertible Preference shares at £1 each at 161p per share