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BPT PLC (BPT)

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Tuesday 24 April, 2001

BPT PLC

Stmnt re Press Comment

BPT PLC
24 April 2001

                                                               
 Not for release, publication or distribution in or into the United States,
                         Canada, Australia or Japan
                                      
                           (for immediate release)
                                      
                      BPT plc ('BPT' or the 'Company')
  
The Board of BPT notes the recent press speculation regarding a possible
counter offer for the Company and yesterday's rise in the Company's share
price.
     
Since the announcement of the offer by Bromley Property Investments Limited
on 14 March 2001, the Board of BPT has had no approaches from, supplied no
non-public information to nor entered into any discussions with any party
that has expressed an interest in a possible counter bid for the Company.


The Directors of BPT accept responsibility for the information contained in
this announcement and, to the best of their knowledge and belief (having
taken all reasonable care to ensure that such is the case), the information
contained in this announcement is in accordance with the facts and does not
omit anything likely to affect the import of such information.

Salomon Brothers International Limited, trading as Schroder Salomon Smith
Barney, which is regulated in the United Kingdom by The Securities and
Futures Authority Limited, is acting exclusively for BPT and no one else in
connection with the Offers and will not be responsible to anyone other than
BPT for providing the protections afforded to customers of Schroder Salomon
Smith Barney or for giving advice in relation to the Offers.  Salomon Smith
Barney is a service mark of Salomon Smith Barney Inc.  Schroders is a
trademark of Schroders Holdings PLC and is used under licence.

Close Brothers, which is regulated in the United Kingdom by The Securities
and Futures Authority Limited, is acting for BPT and for no one else in
connection with the Offers and will not be responsible to anyone other than
BPT for providing the protections afforded to customers of Close Brothers, or
for providing advice in relation to the Offers.
     






                                                                           

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