RNS No 874b
GANDER PROPERTIES PLC


DOCUMENT RE RECOMMENDED PROPOSAL FOR THE ACQUISITION OF ALL THE ISSUED AND TO
            BE ISSUED AND TO BE ISSUED SHARE CAPITAL OF

            GANDER PROPERTIES PLC

            by Orb Acquisitions Limited a wholly-owned subsidiary of 
            ORB ESTATES PLC  by way of a scheme of arrangement under
            section 425 Companies Act 1985        

A copy of the above is available for inspection from the Company
Announcements office of the Stock Exchange, London.

END

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