I like these!

They hit the floor when relegated from the FTSE 250 but they are starting to make some very nice noises! - Debt refinanced, trading good etc.

Their resuts are only 3 weeks away perhaps things will get exciting

Norges Bank above 3%

Contract signed for New Covent Garden Market

St. Modwen Properties PLC (LSE: SMP), the UK's leading regeneration specialist, and its joint venture partner VINCI PLC have signed a contract with the Covent Garden Market Authority ("CGMA") to be the development partner for the New Covent Garden Market site in Central London. The landmark multi-phased project has a gross development value of around £2 billion and will entail the rationalisation and master planning of the entire 57 acre site situated next to Vauxhall Cross, Nine Elms.

Final Results

Financial Highlights

· Shareholders' NAV up 8% to 251p per share (Nov 2011: 232p per share), and EPRA NAV up 9% to 272p per share (2011: 250p per share)
· Profit before all tax £52.8m (2011: £51.7m)
· Realised property profits up 22% to £29.0m (2011: £23.8m)
· Net rental income continues to grow to £36.2m (2011: £35.5m)
· 12% increase in net trading profit to £25.5m (2011: £22.8m)
· Gearing at year end of 71% (2011: 73%) and completion of a successful £80m retail bond issue providing substantial headroom in facilities
· Final dividend for the year increased by 10% to 2.42p per share, providing a total dividend for 2012 of 3.63p

Operational Highlights

· Valuation gains of £48m (2011: £33m) generated through active asset management and planning gains, offsetting £20m market driven valuation loss (2011: £1m profit)
· Continued positive outlook for residential land with London residential transactions driving valuation gains
· On track to deliver target of shareholder equity NAV of 300p per share by November 2015
· £2bn regeneration of New Covent Garden Market signed, providing a major opportunity in Central London and considerable potential to add further upside to targetted NAV
· Swansea University £150m development to commence on site in H1 2013

Development Terms Agreed with Swansea University

ST. MODWEN AGREES TERMS TO DELIVER THE £150M FIRST PHASE OF SWANSEA UNIVERSITY'S SCIENCE AND INNOVATION CAMPUS

ANALYST AND INVESTOR SITE VISIT

St. Modwen Properties PLC (LSE: SMP), the UK's leading regeneration specialist, will today host a site visit for analysts and investors at New Covent Garden Market, London. Together with a tour of the area, the visit will include presentations on New Covent Garden Market, Swansea University and the Company's recently announced full year results to 30 November 2012. No new material information will be disclosed in the presentations.

The presentations will be available shortly on St. Modwen's website at: www.stmodwen.co.uk

Proposed Placing

St. Modwen announces today its intention to place up to 20,016,057 new ordinary shares of 10 pence each in the capital of the Company (the "Placing").

St. Modwen is the UK's leading regeneration specialist. The Group operates across many sectors of the property market, via a network of seven offices and a residential business and through joint venture or collaboration arrangements with public sector and industry-leading partners. The Group's £1.1bn property portfolio and its actively managed land bank of development opportunities comprising more than 5,800 developable acres are located in the UK. The Group is focused wholly upon regeneration and the long-term development of commercial and residential property, and has a 25 year track record of adding value by managing schemes through the planning process, remediating contaminated land and pursuing an active programme of asset management and development.

RESULTS OF PLACING

St. Modwen is pleased to announce the successful completion of the placing announced earlier today (the "Placing").

A total of 20,016,057 new ordinary shares of 10 pence each in St. Modwen (the "Placing Shares") have been placed by J.P. Morgan Securities plc (which conducts its UK investment banking business under the name J.P. Morgan Cazenove) ("JPMC") and Numis Securities Limited ("Numis") (together, the "Joint Bookrunners") at a price of 245 pence per Placing Share, with existing and new institutional investors, raising gross proceeds of approximately GBP49 million. The Placing Shares represent approximately 9.99% of the issued ordinary share capital of the Company prior to the Placing.

Numis Add 258.40 257.00 259.00 280.00 Downgrades

Interim management Statement

St. Modwen Properties PLC (LSE: SMP), the UK's leading regeneration specialist, is pleased to announce that the business has continued to perform well since the start of the financial year with profits and cash flows in line with our expectations.

We have completed two important milestones in the period; first, the share placing announced on 26th February 2013 which raised gross proceeds of £49m, which will allow us to exploit the potential of the development at the New Covent Garden Market site in Nine Elms, London without the need to increase the debt leverage on the Company's balance sheet, thereby enabling the Company to use its existing resources to deliver our other major pipeline projects. Secondly, our development agreement with Swansea University for the provision of the first phase of its £450m new Science and Innovation Campus has been signed and is now unconditional.

Residential Business
Our residential business is performing strongly with good ongoing demand for our land. We continue to secure predominantly residential-led planning consents across our land bank, whilst works are progressing well across all of our live residential sites.

Good sales rates are being achieved and future profit from residential development remains in line with the expectations set out as part of our 2012 results announcement. The Government's new equity loan scheme, 'Help to Buy', launched in the recent Budget, opens up the opportunity for a wider range of prospective purchasers to get onto the property ladder. At our residential sites across the UK we have already seen the advantages that such schemes can have and we will be introducing Help to Buy across our St. Modwen Homes sites which are priced under the £600,000 threshold.

Commercial Land and Development
As announced on 20th March, we have now signed the development agreement with Swansea University to deliver the first phase of its £450m new Science and Innovation Campus. At the same time, we completed the sale of income from the student accommodation to the M&G Secured Property Income Fund, advised by PRUPIM, for £32m. The completion of the two transactions means that our agreement with Swansea University is now unconditional and that the project is now fully funded. We plan to start on site with the development of this transformational project in May.

In addition to Swansea University, our ongoing projects for 2013 and beyond continue to progress well. In May 2013, we are due to complete the first phase of the £70m Town Centre at Longbridge which includes an 80,000 sq ft food store pre-sold to Sainsbury's, a 75 bedroom Premier Inn, Beefeater Grill, 24 shops, restaurants and circa 35,000 sq ft of offices. Of this total space, 75% is now either pre-sold, pre-let or under offer. In addition, it is expected that a planning application will be submitted towards the end of this year for the redevelopment of New Covent Garden Market, after which planning consent is anticipated in Winter 2014.

Resilient Rental Income
Our income producing portfolio remains resilient, and our experience and expertise in both retail and commercial lettings for secondary and tertiary accommodation is allowing us to maintain our income streams.

Financing
Further to our retail bond issue in October 2012, we continue to diversify our sources of funding. This and the success of the recent share placing demonstrate the confidence from both existing and new investors in our ability to create long-term value from our regeneration and development activities.

Our cash flows and debt levels remain in line with our expectations and we have a sound financial base with significant headroom on existing banking facilities extending to at least November 2014.

Numis Add 308.50 280.00 - Retains

Trading Statement

ST. MODWEN SEES CONTINUING STRONG PERFORMANCE ACROSS THE BUSINESS

St. Modwen Properties PLC (LSE: SMP), the UK's leading regeneration specialist, today provides a trading update for the six months to 31 May 2013. The Company can confirm that the business has continued to perform strongly since the interim management statement issued on 9 April 2013, with profits and cashflows remaining consistent with management expectations.

Notwithstanding a challenging marketplace, initial indications point to positive market valuations for the first half of the year compared with H1 2012. We also expect our ongoing asset management and added value actions to be reflected well in the half year valuations.

Management outlook for our profit before all tax is therefore expected to be in line with H1 2012.

Looking quite good this morning.

Half Yearly Report

Financial Highlights
- 11% increase in profit before all tax to £38.8m (H1 2012: £34.9m)
- 5% increase in shareholders' equity NAV per share in the first six months to 263p (Nov 2012: 251p per share) and EPRA NAV up 4% to 282p per share (Nov 2012: 272p)
- Net valuation gain of £23m (H1 2012: £21m) including added value gains of £18m (H1 2012: £35m) and market driven valuation gains of £5m (H1 2012: £14m loss)
- Realised property profits of £16.1m (H1 2012: £16.6m)
- Net rental income of £18.2m (H1 2012: £18.3m)
- Successful equity placing in March 2013 raising gross proceeds of £49m
- Continued reduction in gearing to 55% (Nov 2012: 71%. Comparative adjusted for equity placing would be 57%)
- 10% increase in interim dividend to 1.33p per share (H1 2012: 1.21p)

Operational Highlights:
- Active development programme for 2013; construction of Swansea University's Science and Innovation Campus started in May
- Continue to work towards the submission of a planning application by the end of 2013 for the New Covent Garden Market redevelopment, with good progress achieved to date
- Indications of increased investment interest in secondary commercial property with the successful sale of £35m of mature commercial assets at or above book value during the first six months of the year
- Positive outlook for residential land activity, with good reservation rates already achieved and strong on-going demand at an increased number of sales outlets, an expanding pipeline of developments and greater demand for our land
- Proactive asset management continues to generate value

JP Morgan Cazenove Overweight 280.55 325.00 - Reiterates

Update on post 85.

Interim Management Statement

St. Modwen Properties PLC (LSE: SMP), the UK's leading regeneration specialist, today provides the following Interim Management Statement for the period since 1st June 2013. The Company has continued to perform strongly since the half year results announcement issued on 2nd July 2013 against the backdrop of an ongoing strengthening of the housing market and a greater sense of optimism in the regional commercial property sector.

Whilst recovery in some areas of the market remains slower, improving consumer sentiment, supportive Government schemes and an increasingly stable economy are contributing to a notably more positive market outlook than we have seen for some time. This, combined with the success of our ongoing asset management activities, points to profits and cashflows remaining consistent with management expectations for the 2013 financial year.

Residential
Demand for our residential land continues to grow with active land transactions indicating some upside against our book valuations.

We are achieving steady sales rates across our St. Modwen Homes sites and those developed in our joint venture with Persimmon. Overall profits from residential development remain in line with expectations set out at the half year.

Commercial Land and Development
We have an active development pipeline and continue to make good progress across our flagship schemes in each region. A clear example of this is the £150m regeneration of Great Homer Street in Liverpool where we are due to start on site in Spring 2014.

For this quarter, the key highlight amongst our four major projects is Longbridge, where the first phase of the Town Centre is now open for trading. We expect to submit an application for phase two shortly.

Income Producing Portfolio
Our income producing portfolio is performing well as a result of both improving sentiment in the commercial property market and our ongoing ability to extract maximum value from our assets.

There is good momentum in lettings and asset management and we have continued to manage space effectively with voids largely unchanged.

Finance
None of St. Modwen's existing corporate or joint venture debt facilities require renewal before November 2014. Our cash flows and debt levels remain in line with our expectations and we continue to monitor these closely.

Bill Oliver, Chief Executive of St. Modwen, commented:
"Confidence in the residential market continues to grow across the UK and we are also seeing more optimism in the regional secondary commercial market which we hope will result in increasing levels of activity. Against this background, our ability to add value across our portfolio through effective asset management and planning expertise is resulting in an increasingly active, well-let development pipeline. This, coupled with our strong balance sheet, means we anticipate delivering continued growth for our shareholders."

-ENDS-

Still looking strong.

Disposal

ST. MODWEN JOINT VENTURE SELLS
ELEPHANT & CASTLE Shopping centre FOR £80M TO DELANCEY AND APG


Key Property Investments ("KPI"), a 50/50 joint venture between St. Modwen (LSE:SMP), the UK's leading regeneration specialist, and Salhia Real Estate Company K.S.C ("Salhia"), today announces that it has completed the sale of the Elephant & Castle Shopping Centre to Delancey and APG for £80m in cash.

The sale price reflects a yield of 4.25% and is significantly above the asset's current book value.

Trading Update

St. Modwen secures 150,000 sq ft pre let to M&S

Final results

ST. MODWEN REPORTS STRONG GROWTH DELIVERING £82.2M PROFIT BEFORE ALL TAX AND NET ASSET VALUE INCREASES OF 11%

Financial Highlights
· 56% increase in profit before all tax to £82.2m (2012: £52.8m)
· Shareholders' NAV up 11% to 279p per share (2012: 251p per share), and EPRA NAV up 10% to 298p per share (2012: 272p per share)
· Realised property profits up 37% to £40m (2012: £29m)
· Successful completion of a £49m equity placing to support redevelopment of New Covent Garden Market
· 20% decrease in loan-to-value to 33% (2012: 41%)
· Final dividend for the year increased by 10% to 2.67p per share, providing a total dividend for 2013 of 4.00p per share (2012: 3.63p)

Operational Highlights
· Overall net valuation increase of £42m (Nov 2012: £28m), comprising gains of £28m (2012: £48m) as a result of planning gain asset management and £14m market driven valuation gain (2012: £20m loss)
· Elephant & Castle Shopping Centre sold for £80m
· Significant milestones completed across all major projects:
o Longbridge - 150,000 sq ft pre-let secured to Marks & Spencer which will anchor the second phase of the new Town Centre
o Swansea University, Bay Campus - first phase of works on schedule with student accommodation now underway
o On track to deliver New Covent Garden Market - planning approval anticipated in 2015