Director S/hldg-Replacement

Pathfinder Properties PLC 29 March 2004 FOR IMMEDIATE RELEASE 29 March 2004 The following replaces the Directors' Dealings announcement released today at 13.12 under RNS number 0456X. Please be advised that the in the last paragraph, Sunnyview owns 7,014,219 Shares, representing 8.76% of the Company's issued share capital, not 7,414,219 representing, 9.27% of the Company's issued share capital as previously stated. Pathfinder Properties PLC ('Pathfinder' or the 'Company') Directors' Dealings Pathfinder was informed on 26 March 2004 that on 25 March 2004, Kerrington Limited ('Kerrington'), a company controlled by Gerard Lee, Director, purchased 7,014,219 ordinary shares of 10p each (the 'Shares') from Sunnyview Limited ('Sunnyview'), a company owned by Edward and Jeffery Azouz, Directors, for 15p per Share. As a result, Kerrington owns 7,414,219 Shares and Sunnyview owns 7,014,219 Shares, representing 9.27% and 8.76% respectively of the Company's issued share capital. Contact: Roland Cornish, Beaumont Cornish Limited on 020 7628 3396 Gerry Lee, Pathfinder Properties PLC on 020 8731 0110 This information is provided by RNS The company news service from the London Stock Exchange