Directors' Dealings

Pathfinder Properties PLC 03 October 2005 FOR IMMEDIATE RELEASE 3 OCTOBER 2005 PATHFINDER PROPERTIES PLC ('Pathfinder Properties', 'Pathfinder' or 'the Company') DIRECTORS' DEALINGS RELATED PARTY TRANSACTION The Company announces today that Kerrington Limited and Sunnyview Limited have each purchased 1,821,352 Ordinary Shares from the Company-held treasury shares at a price of 6p per share. The transaction is a 'Related Party Transaction' under the Rules of the London Stock Exchange plc governing AIM ('the AIM Rules'). Following the purchases detailed above, Kerrington Limited, a company controlled by Mr G. Lee, Director owns 11,795,780 Ordinary Shares in the Company and Sunnyview Limited a company owned by Messrs. E. and J. Azouz, Directors owns 11,795,780 Ordinary Shares in the Company, representing 14.75 per cent and 14.75 per cent respectively of the Company's issued share capital. In accordance with the AIM Rules, John Davies, as the independent Director having consulted with the Company's Nominated Adviser, Beaumont Cornish Limited, considers that the terms of the transaction are fair and reasonable insofar as the Company's Shareholders are concerned. The £218,562 raised for Pathfinder by the sale of the Company-held Treasury Shares will provide the Company with much-needed working capital. This information is provided by RNS The company news service from the London Stock Exchange