RNS Number:9863O
Clan Homes PLC
22 August 2003



Clan Homes plc ("the Company") announces that it exchanged missives yesterday
for the sale of eight vacant properties at 1-8, 76 Regent Quay, Aberdeen for a
cash consideration of #240,000. Settlement is anticipated to take place on 11
September 2003. The proceeds from the sale will be utilised to remove bank
borrowings and build cash reserves. Further details of the Company's disposal
programme are set out in the circular to shareholders dated 25 July 2003.









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