Welcome to Public Service Properties Investments Limited

Public Service Properties Investments Limited (“PSPI” or the "Company") is a specialist real estate investment and financing company organised under the laws of the British Virgin Islands. Its shares are traded on the AIM market of the London Stock Exchange.

The Company’s investment property portfolio was valued at approximately £271.8 million as at 31 December 2009, including accrued income on straight line lease recognition. It has been substantially built up since 2001 and generates current annual rental income in excess of £17 million. The net asset value per share was 154.63 pence at 31 December 2009.

The Company’s main focus until recently has been on the expansion of its UK portfolio of care homes, which make up the majority of the value of its portfolio. The Company has now completed several acquisistions in Germany and believes that there are significant opportunities for expansion of its activities in both Germany and the UK

The current investment property portfolio is held through various wholly-owned subsidiaries (the "Group") and comprises 39 nursing and residential care homes, a school and resource centre for children and adults with special learning needs and an assisted living business in the UK, 14 residential care homes in 10 locations in Germany, a residential care home in Zurich and 140 post offices in the United States.

PSPI uses a combination of financing techniques to maximize lease rental income over the financing costs on its investments and to generate attractive returns on equity from conservative real estate investments.