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: 
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