Statement re Scrip dividend

Primary Health Properties PLC
20 May 2005



20 May 2005



                         Primary Health Properties PLC


                              Re Scrip dividend



Further to the scrip dividend offer made to shareholders entitling them to
receive new ordinary shares in Primary Health Properties PLC in lieu of cash,
the Board wishes to announce that the Scrip Dividend alternative has been
withdrawn for the Interim Dividend as the middle market quotation of an Ordinary
Share, derived from the London Stock Exchange plc's Daily Official List for 9
May 2005, (the final date for receipt of the Forms of Election), had fallen by
more than 10 per cent. from 314.7p (being the average of the closing middle
market quotations, derived from the London Stock Exchange plc's Daily Official
List for an Ordinary Share from 14 to 18 March 2005 inclusive, being two days
before and two days after the day on which the Ordinary Shares were quoted
ex-dividend).  This provision, notified to shareholders in the circular dated 8
April 2005, was put in place to protect them against a fall in the price of an
Ordinary Share between the date on which they made an election for the Scrip
Dividend and the final date for receipt of the Form of Election.  Accordingly,
any election for the Scrip Dividend in respect of the Interim Dividend will be
deemed to be void and the Cash Dividend will be paid in the usual way.



Enquiries:


Harry Hyman
Managing Director
Primary Health Properties PLC
Tel: [phone]




                      This information is provided by RNS
            The company news service from the London Stock Exchange