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Wereldhave Prop Corp (59JT)

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Wednesday 13 November, 2002

Wereldhave Prop Corp

Directorate Change

Wereldhave Property Corp PLC
13 November 2002

ANNOUNCEMENT



WERELDHAVE PROPERTY CORPORATION PLC


Michael L Jukes FRICS, Managing Director of Wereldhave Property Corporation plc
today announced his intention to take early retirement at the end of 2002.

With effect from 18th December 2002 Michael L Jukes will resign as an executive
director of Wereldhave Property Corporation plc and Jonathan J Speakman-Brown
FRICS will be appointed an executive director.

Jonathan Speakman- Brown is currently Property Manager for the company and he
will become Managing Director of Wereldhave Property Corporation plc with effect
from 18th December 2002.



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