LONDON (AP) _ Two men were convicted Saturday of laundering proceeds from the $49 million Brink's-Mat raid - Britain's biggest bullion robbery.

Gordon Parry, 48, a property developer and Patrick Clark, 53, a former nightclub owner, showed no emotion as the Old Bailey jury found them guilty. Sentencing was pending.

The jury acquitted Clark's son Stephen, 26, of taking part in the plot to launder $26.6 million in profits from the 1983 raid. He was immediately released by Judge Henry Pownell.

Gold bullion, platinum, diamonds and travelers checks worth $49 million were stolen from a Brinks-Mat warehouse near London's Heathrow airport on Nov. 26, 1983.

Verdicts have not yet been reached on two remaining defendants - Jean Savage, 48, and Brian Perry, 53.

All defendants had denied charges against them in the seven-month trial. Two men already are serving 25-year jail terms for the robbery.