Re Contract

PRESS RELEASE 0700, 5th February 2003 FLETCHER KING SIGNS UP ADVERTISING GIANT AND SAVES CLIENTS OVER £7M RATES IN 2002 Fletcher King, the London based chartered surveyors and property asset managers, announces that it has been engaged by an international advertising agency to appeal the current £3m plus rating assessment on its Central London headquarters. The announcement follows news that in 2002 Fletcher King achieved rates savings in excess of £7m on behalf of its clients, who include Avis, Scania, Computacenter, Standard Bank and R S Components. Commenting, Bob Dickman, Head of Professional Services at Fletcher King said: "Many companies can make substantial savings on their growing rates bills if they take the trouble to engage specialists such as ourselves to appeal their rating assessments. Our extensive and in depth knowledge of rating legislation and the market rents upon which rating assessments are based has enabled us to succeed in our aim of minimising our client's property overheads." Companies that want to include the year starting 1st April 2002 in any successful rebate, only have until 31st March this year to lodge an appeal." END For further information, please call: Bob Dickman, Fletcher King 020 7493 8400 Christopher Joll/ Richard Sunderland, MJ2 Ltd 020 7491 7776 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/02/04/20030204BIT00880/wkr0001.doc http://www.waymaker.net/bitonline/2003/02/04/20030204BIT00880/wkr0002.pdf