Statement re scrip dividend

Primary Health Properties PLC 06 April 2004 6 April 2004 Primary Health Properties plc (the "Company") On 21 November 2002, at the Company's extraordinary general meeting, the directors of the Company ("Directors") were granted authority to offer new ordinary shares of 50p each ("New Ordinary Shares") instead of cash in respect of dividends (the "Scrip Dividend Alternative"). On 12 March 2004 the Directors announced an interim dividend for the year ending 30 June 2004 of 5.5p per Ordinary Share (the "Interim Dividend"). A circular dated 6 April 2004 will be posted to shareholders in respect of the Scrip Dividend Alternative (the "Circular") together with a form of election and notice of entitlement and the Company's Interim Report. The Circular will offer shareholders on the register of members on 26 March 2004 the opportunity to elect to receive New Ordinary Shares instead of cash in respect of the Interim Dividend. Financial Calendar for the Interim Dividend 2004 Ordinary Shares quoted ex-dividend 24 March Record date for final dividend 26 March Posting of forms of election and notices of entitlement 6 April Latest date for receipt of forms of election 6 May Interim dividend warrants despatched for payment and definitive share certificates and notional tax voucher to Crest participants posted 20 May Payment Date 20 May Dealings expected to commence in new Ordinary Shares 21 May This information is provided by RNS The company news service from the London Stock Exchange
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