<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS CONTAINED IN THE BODY OF THE ACCOMPANYING 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <CURRENCY> POUNDS STERLING <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1998 <EXCHANGE-RATE> 1.666 <CASH> 26,295 <SECURITIES> 0 <RECEIVABLES> 71,795 <ALLOWANCES> 7,464 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 2,288,903 <DEPRECIATION> 575,714 <TOTAL-ASSETS> 2,392,593 <CURRENT-LIABILITIES> 0 <BONDS> (1,508,496) <PREFERRED-MANDATORY> 0 <PREFERRED> (49,607) <COMMON> (92,757) <OTHER-SE> (451,296) <TOTAL-LIABILITY-AND-EQUITY> (2,392,593) <SALES> 0 <TOTAL-REVENUES> 225,877 <CGS> 0 <TOTAL-COSTS> 79,238 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 82,388 <INCOME-PRETAX> (145,093) <INCOME-TAX> 3 <INCOME-CONTINUING> (145,090) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (145,090) <EPS-PRIMARY> 0.16 <EPS-DILUTED> 0.16