Acquisition

2 Jan 2008 12:06

Mountview Estates PLC02 January 2008 Mountview Estates P.L.C. ('Mountview' or 'the Company') Acquisition of residential property portfolio In relation to the announcements released on the 21 December 2007, Mountviewannounces that the Company has exchanged contracts with Holloways PropertiesLimited, and paid the initial consideration, for the acquisition of a mixedportfolio of residential properties for an aggregate cash consideration ofbetween £43.25 million and £43.81 million. Enquiries: Brewin Dolphin Limited: Sandy Fraser: Tel: 0131 225 2566 This information is provided by RNS The company news service from the London Stock Exchange