PNS Pinnacle Data Systems Common Stock

0.00

0.00 (0.00%)

- - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type
Pinnacle Data Systems Common Stock	AMEX:PNS	AMEX	Ordinary Share

	Price Change	% Change	Share Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%					0.00	-

Response to Offer

21/10/2003 4:07pm

UK Regulatory

RNS Number:1393R
Oakburn Properties PLC
21 October 2003


21 October 2003

                             Oakburn Properties PLC


   Offer by John East & Partners Limited on behalf of Panther Securities PLC


The Board of Oakburn Properties PLC ("Oakburn") has noted the announcement by
Panther Securities PLC concerning an offer for the entire issued share capital
of Oakburn made by John East & Partners Limited on behalf of Panther Securities
PLC.



The Board of Oakburn, which is being advised by City Financial Associates
Limited, recommends that shareholders take no action in respect of this
unsolicited offer.



The Board of Oakburn will keep its shareholders informed of all significant
developments and will provide advice on the offer in due course.



Enquiries:


Oakburn Properties PLC                David Rayner, Chairman       020 7831 3125
                                      Brendan Gorman, Company Secretary


City Financial Associates Limited     Tony Rawlinson               020 7090 7800





                      This information is provided by RNS
            The company news service from the London Stock Exchange
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