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We at PHH EUROPE PLC are happy to announce our company relocation to PHH
           Centre, West Swindon during January 1988.
              Large enough to house all our 600 + Swindon based staff, PHH Centre is also the
           operational headquarters for PHH's current and future expansion into Europe.
              PHH Europe has 2 operating companies:
              PHH Limited - UK leaders in vehicle fleet management, incorporating:-
           * advice on buying and selling cars
           * lease and contract hire facilities
           * full reporting systems on fleet costs
           * charge card systems including All Star for fuel purchases and Fleetcard for garage
              costs.
              PHH Homequity Ltd - offers to corporate clients, a total relocation package for
           their employees including:-
           * selling of existing home
           * search for suitable new property
           * mortgage advice
           * removal services
            * home management.
              Additionally, Homequity provides assistance to house builders with sale of
           showhomes and contracts involving part-exchange of older properties for new
           ones.
              We look forward to joining the West Swindon community.
              For further details of the services offered by PHH or recruitment possibilities,
            please contact:


                                           Liz Johnson
                                           Communications Executive
                                           PHH Europe plc
                                           PHH Centre
                                           Windmill Hill
                                           Whitehill Way
                                           Swindon SN5 9YT
                                           Telephone: (0793) 887000




                                          'People and Business on the Move'
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