Slough Estates PLC
13 January 2006
SLOUGH ESTATES plc INVESTOR PRESENTATION
Slough Estates plc is today hosting a presentation to investors, as part of
Slough Estates' ongoing investor relations programme.
The presentation by Chief Executive, Ian Coull and Finance Director, David
Sleath will include an overview of the business, an update on recent events, a
focus on the business in Continental Europe, an analysis of Slough Estates'
development pipeline and comments on current views on the proposed REIT
The presentation will start at approximately 10:30 GMT and a live webcast can be
accessed (together with a copy of the presentation materials) directly via the
Investor Relations section of the Slough Estates' website at
www.sloughestates.com - from where viewers will be linked to a registration page
at http://www.rawcoms.com/content/corporate/sloughestates/060113/index.html. The
presentation can also be viewed via www.streetevents.com - a Thomson Financial
company. Following the live transmission the recorded webcast will also be
available for later viewing. The webcast will include the Q&A session.
The presentation will include details of the Group's extensive development
pipeline as at 30 June 2005, including the following indicative data:
- total potential land area available for development: 258 hectares
- total potential building area to be constructed: 1.5 million sq. m.
- estimated total development costs: £2 billion
- aggregate potential future expenditure: £1.5 billion
- estimated annual rental value once fully constructed and let: £182 million
The above data includes existing projects under construction as well as
potential future developments of properties owned by the Group as of 30 June
2005, including the Group's share of projects within its joint ventures and
associate. The information includes all projects whether held for investment or
Further analysis and data regarding the development pipeline will be included
with the presentation (available on the Group's website). Of the aggregate
potential future expenditure of £1.5 billion, approximately £0.5 billion relates
to projects approved or committed.
All of the data set out above represents an estimate of potential developments
and should not be regarded as a forecast. Potential future developments are
subject to internal authorisation and planning approval where necessary.
Projects are likely to change during the approvals process and actual amounts
may differ significantly from the amounts shown above.
Note: This press release may contain certain forward-looking statements with
respect to Slough Estates' expectations and plans, strategy, management's
objectives, future performance, costs, revenues and other trend information.
These statements and forecasts involve risk and uncertainty because they relate
to events and depend upon circumstances that may occur in the future. There are
a number of factors which could cause actual results or developments to differ
materially from those expressed or implied by these forward looking statements
and forecasts. The statements have been made with reference to forecast price
changes, economic conditions and the current regulatory environment. Nothing in
this presentation should be construed as a profit forecast.
Past share performance cannot be relied on as a guide to future performance.
Slough Estates The Maitland Consultancy
Michael Waring Colin Browne
01753 213335 020 73795151
Notes to editors
Slough Estates is a leading provider of flexible business space in business
parks in Western Europe and North America, with over 1500 customers occupying
approximately 3m square metres of business space. Slough Estates' properties are
in suburban locations in close proximity to the main business centres, where
there is long term demand for business accommodation to serve these key economic
This information is provided by RNS
The company news service from the London Stock Exchange