<ARTICLE> 5 <CURRENCY> U.K. POUNDS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <PERIOD-START> JAN-01-1998 <EXCHANGE-RATE> 1.70 <CASH> 86,363,000 <SECURITIES> 0 <RECEIVABLES> 7,279,000 <ALLOWANCES> (3,204,000) <INVENTORY> 0 <CURRENT-ASSETS> 5,932,000 <PP&E> 364,693,000 <DEPRECIATION> (51,205,000) <TOTAL-ASSETS> 510,249,000 <CURRENT-LIABILITIES> 133,841,000 <BONDS> 246,677,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 501,000 <OTHER-SE> 126,668,000 <TOTAL-LIABILITY-AND-EQUITY> 510,249,000 <SALES> 0 <TOTAL-REVENUES> 56,532,000 <CGS> 0 <TOTAL-COSTS> 18,147,000 <OTHER-EXPENSES> 28,263,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 26,751,000 <INCOME-PRETAX> (44,507,000) <INCOME-TAX> 0 <INCOME-CONTINUING> (44,507,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (44,507,000) <EPS-PRIMARY> (.89) <EPS-DILUTED> (.89)