RNS Number:9835R
First Property Group PLC
12 November 2003


First Property Group plc ("FPROP" or the "Company")

The Company announces that on 11 November 2003 the Company approved the issue
and allotment of 20,000 new ordinary shares of 1p each ("Ordinary Shares") as a
result of the exercise of share options.

Application has been made for the new Ordinary Shares to be admitted to trading
on AIM, and such trading is expected to commence on 18 November 2003.



                      This information is provided by RNS
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