Director Shareholding

Director Shareholding 

    LONDON--(BUSINESS WIRE)--June 25, 2003--

                                     SCHEDULE 11

            NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS



All relevant boxes should be completed in block capital letters.
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1.    Name of company                                    2.  Name of director

      Slough Estates plc                                     SIR NIGEL MOBBS
                                     
                                                  
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3.    Please state whether notification indicates that   4.  Name of the registered holder(s) and, if more than one
      it is in respect of holding of the shareholder         holder, the number of shares held by each of them (if
      named in 2 above or in respect of a                    notified)
      non-beneficial interest or in the case of an
      individual holder if it is a holding of that
      person's spouse or children under the age of 18        Trustees of the Slough Estates plc Share Incentive Plan 
      or in respect of an non-beneficial interest

      In respect of a director    
      

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5.    Please state whether notification relates to a     6.  Please state the nature of the transaction. For PEP
      person(s) connected with the director named in 2       transactions please indicate whether general/single
      above and identify the connected person(s)             co PEP and if discretionary/non discretionary /non
                                                             discretionary
                                                              
                                                             

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7.    Number of              8.  Percentage of issued    9.  Number of shares/amount   10.  Percentage of issued class
      shares/amount of           class                       of stock disposed
      stock acquired
      
      215,978 Award as
      Trustee of the Share
      Incentive Plan

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11.  Class of security       12. Price per share         13. Date of transaction       14.  Date company informed
     
     Ordinary shares                  353.9p                    25.6.2003                        25.6.2003
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15.   Total holding following this notification          16. Total percentage holding of issued class following this
                                                             notification

      215,978
     
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If a director has been granted options by the company please complete the following boxes.
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17.   Date of grant                                      18. Period during which or date on which exercisable


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19.   Total amount paid (if any) for grant of the option 20. Description of shares or debentures involved:class,number


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21.   Exercise price (if fixed at time of grant) or      22. Total number of shares or debentures over which options
      indication that price is to be fixed at time of        held following this notification
      exercise
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23.   Any additional information                         24. Name of contact and telephone number for queries

                                                             VAL LYNCH    01753 213421                                                 
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25.   Name and signature of authorised company official responsible for making this notification
                                                        
 
Date of notification: 25 June 2003                           VAL LYNCH, DEPUTY COMPANY SECRETARY
                    
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   Short Name: Slough Estates Plc
   Category Code: RDS
   Sequence Number: 00006323
   Time of Receipt (offset from UTC): 20030625T152147+0100