PROP Property Rec.

    For the  purposes of  the transitional  provisions of  the  Financial
Services Authority's  Disclosure and  Transparency Rules,  the  total
number of ordinary shares  of 5p of Property  Recycling Group plc  in
issue as at  the date of  this notice is  36,200,000 with each  share
carrying the right to one vote.

There are no shares held in treasury.

The total number of voting rights in Property Recycling Group plc  is
therefore 36,200,000.

The above figure may be used  by shareholders as the denominator  for
the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in,  Property
Recycling Group plc, under the Disclosure and Transparency Rules.

12 December 2006

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