RNS Number:3677K
Grosvenor Land Holdings PLC
25 April 2003



                          Grosvenor Land Holdings plc
                                ("the Company")

                               Additional Listing

The Board is pleased to announce that it has placed 2,000,000 new ordinary
shares of 1p each at 14p per share, raising gross proceeds of #280,000, to be
used for the future acquisition of new properties to replicate the Company's
"Powerhub" business concept or to invest in other property companies.

Application has today been made for the admission of 2,000,000 new ordinary
shares to trading on the Alternative Investment Market.

The shares will rank pari passu with the existing ordinary shares of the Company
and dealings are expected to commence in the new ordinary shares on 30 April
2003.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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