<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS CONTAINED IN THE BODY OF THE ACCOMPANYING FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <CURRENCY> POUNDS STERLING <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1998 <EXCHANGE-RATE> 1.6765 <CASH> 43,875 <SECURITIES> 0 <RECEIVABLES> 70,272 <ALLOWANCES> (8,097) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 2,233,753 <DEPRECIATION> (528,846) <TOTAL-ASSETS> 2,415,314 <CURRENT-LIABILITIES> 0 <BONDS> (1,448,820) <PREFERRED-MANDATORY> 0 <PREFERRED> (49,607) <COMMON> (92,757) <OTHER-SE> (527,658) <TOTAL-LIABILITY-AND-EQUITY> (2,415,314) <SALES> 0 <TOTAL-REVENUES> 110,424 <CGS> 0 <TOTAL-COSTS> (39,458) <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (42,721) <INCOME-PRETAX> (68,748) <INCOME-TAX> 20 <INCOME-CONTINUING> (68,728) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (68,728) <EPS-PRIMARY> (0.07) <EPS-DILUTED> (0.07)