Rule 8.3 - QUINTAIN ESTATES & DEVELOPMENT

FORM 8.3

    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
              (Rule 8.3 of the City Code on Takeovers and Mergers)


1.   KEY INFORMATION

Name of person dealing        BARCLAYS PLC
(Note 1)
Company dealt in              QUINTAIN ESTATES & DEVELOPMENT
Class of relevant security    ORD GBP0.25
to which the dealings being
disclosed relate (Note 2)
Date of dealing               16 July 2007

2.   INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)  Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

                            Long                     Short

                      Number       (%)         Number       (%)

(1) Relevant        4,032,527    3.11%        466,029     0.36%
securities
(2) Derivatives       446,160    0.34%        899,119     0.69%
(other than
options)
(3) Options and        19,635    0.02%         19,635     0.02%
agreements to
purchase/sell
Total               4,498,322    3.47%      1,384,783     1.07%


(b)  Interests and short positions in relevant securities of the company, other
     than the class dealt in (Note 3)

Class of                    Long                     Short
relevant
security:

                  Number              (%)   Number              (%)

(1) Relevant
securities

(2) Derivatives
(other than
options)

(3) Options and
agreements to
purchase/sell

Total


  (c)  Rights to subscribe (Note 3)

Class of relevant security:   Details



3.   DEALINGS (Note 4)

(a)  Purchases and sales

Purchase/sale Number of Securities Price per unit
                                   (GBP)
Purchase      3,500                8.8061
Purchase      6,031                8.8518
Purchase      223                  8.8677
Purchase      1,357                8.8150
Purchase      1,424                8.8677
Purchase      672                  8.8588
Purchase      10,461               8.8926
Purchase      500                  8.8638
Purchase      665                  8.8649
Purchase      2,000                8.9519
Purchase      221                  8.9338
Purchase      555                  8.9396
Purchase      452                  8.8492
Sale          555                  8.8223
Sale          200                  9.0839
Sale          1,600                8.9203
Sale          12,539               8.8594
Sale          1,679                8.8382
Sale          4,689                8.8000
Sale          6,031                8.8432
Sale          1,357                8.8150


(b)  Derivatives transactions (other than options)
Product name   Long/Short    Number of     Price per
                             Securities    unit
CFD            Short         3500          8.8061
CFD            Short         6031          8.8517
CFD            Short         665           8.8648
CFD            Short         10461         8.8925
CFD            Long          1679          8.8382
CFD            Long          6031          8.8432
CFD            Long          12539         8.8593
CFD            Long          1600          8.9203
CFD            Long          200           9.0838


(c)  Options transactions in respect of existing securities

(i)  Writing, selling, purchasing or varying

Product name,   Writing,          Number of          Exercise  Type, e.g.      Expiry   Option money
e.g. call       selling,          securities to      price     American,       date     paid/received
option          purchasing,       which the option             European etc.            per unit (GBP)
                varying etc.      relates (GBP)


(ii) Exercising

Product name, e.g.  Number of           Exercise price per
call option         securities          unit (Note 5)




(d)  Other dealings (including new securities) (Note 4)


Nature of transaction Details           Price per unit
(Note 8)                                (if applicable)
                                        (Note 5)




4.   OTHER INFORMATION
None

Agreements, arrangements or understandings relating to options or derivatives


Full details of any agreement, arrangement or understanding between the
person disclosing and any other person relating to the voting rights of
any relevant securities under any option referred to on this form or
relating to the voting rights or future acquisition or disposal of any
relevant securities to which any derivative referred to on this form is
referenced.  If none, this should be stated.




Is a Supplemental Form 8 attached? (Note 9)                 NO


Date of disclosure                         17 July 2007
Contact name                               BARCLAYS COMPLIANCE
Telephone number                           020 7116 2913
If a connected EFM, name of
offeree/offeror with which connected
If a connected EFM, state nature of
connection (Note 10)


Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk