HAMMERSON - ANNOUNCEMENT RE CANADIAN BUSINESS

MISSISSAUGA, Ont., Sept. 10 /CNW/ - Hammerson notes the speculation
regarding the possible sale of its business in Canada which has appeared in
the Canadian press. 
On behalf of Hammerson plc and Hammerson Canada Inc., Ronald Spinney,
Hammerson plc Chief Executive, said: 
``During 1998, we have received approaches from several investors
interested in acquiring Hammerson's Canadian business. We are currently
carrying out a preliminary review of these approaches and examining the
strategic options open to the Group.'' 
-0-                         09/10/98 
/For further information: Ronald Spinney, Hammerson plc, Chief Executive,
Tel: 011-44-171-887-1000, Fax:  011-44-171-887-1010; Elisabeth Stroback,
Hammerson Canada Inc., President and Chief Executive Officer, Tel:
(905) 270-7000, Fax: (905) 270-7002/ 
(HPD.) 
CO:  Hammerson Canada Inc.
ST:  Ontario
IN:
SU: 
-30-
â
-0- (CNS) Sep/10/98   12:18
 
 
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