<ARTICLE> 5 <LEGEND> This Schedule contains summary financial information extracted from the financial statements contained in the body of the accompanying Form 10-K and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <CURRENCY> POUNDS STERLING <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <EXCHANGE-RATE> 1.6427 <CASH> 29,582 <SECURITIES> 0 <RECEIVABLES> 62,834 <ALLOWANCES> 6,507 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 2,186,971 <DEPRECIATION> 481,451 <TOTAL-ASSETS> 2,413,352 <CURRENT-LIABILITIES> 0 <BONDS> 1,373,054 <PREFERRED-MANDATORY> 0 <PREFERRED> 49,607 <COMMON> 92,757 <OTHER-SE> (596,386) <TOTAL-LIABILITY-AND-EQUITY> (2,413,352) <SALES> 0 <TOTAL-REVENUES> 386,498 <CGS> 0 <TOTAL-COSTS> 143,586 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 141,721 <INCOME-PRETAX> (332,315) <INCOME-TAX> (137) <INCOME-CONTINUING> (332,452) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (332,452) <EPS-PRIMARY> (0.36) <EPS-DILUTED> (0.36)