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Hammerson Canada Inc. - Redemption of Debentures


MISSISSAUGA, ON, Nov. 20 /CNW/ - The Corporation has today confirmed that in accordance with the terms of the trust indentures it will be redeeming on December 21, 1998 all its issued and outstanding 10.25% Guaranteed Senior Debentures, Series A at a redemption price of $114.256 and all of its 8.10% Guaranteed Senior Debentures at a redemption price of $115.695.

-0- 11/20/1998

/For further information: Simon R. Melliss, Hammerson plc, Finance Director, 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.; Hammerson plc ST: Ontario IN: SU:

-30-â -0- (CNS) Nov/20/98 16:52

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