RNS Number:7559A
Orb Estates PLC
12 November 1999


ORB ESTATES PLC ("ORB ESTATES")

Following the granting of the court order in connection with
Gander Properties PLC Scheme of Arrangement on Monday 8 November
1999, and the conditions having been met, Orb Estates has now
acquired Gander Properties PLC and completed its security
arrangements with the Royal Bank of Scotland International
Limited.



END
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