RNS Number:3556I
Clan Homes PLC
05 March 2003

                    Clan Homes plc ("Clan" or "the Company")

Clan announces that it has today concluded missives for the sale of a
residential property from its property portfolio. The property is located at 
1/1, 21 Albion Gate, Glasgow. The sale price of the property is #100,000 and the
profits attributable to the transaction amount to #15,000 before expenses. The
profits will be used to reduce indebtedness with a view to increasing the
profits of the Company.


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