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               17 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        4,027,071    3.11%        484,550     0.37%
securities
(2) Derivatives       477,595    0.37%        918,640     0.71%
(other than
options)
(3) Options and        20,246    0.02%         20,246     0.02%
agreements to
purchase/sell
Total               4,524,912    3.49%      1,423,436     1.10%


(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      450                   8.8493
Purchase      4,685                 8.8062
Purchase      278                   8.9038
Purchase      500                   8.8988
Purchase      55                    8.8150
Purchase      8,504                 8.9014
Purchase      1,734                 8.8150
Purchase      5,882                 8.9045
Purchase      4,685                 8.8062
Purchase      262                   8.9000
Purchase      303                   8.9038
Sale          450                   8.8807
Sale          23,531                8.8165
Sale          4,685                 8.8062
Sale          55                    8.8150
Sale          1,839                 8.9113
Sale          500                   8.8739
Sale          1,734                 8.8150


(b)  Derivatives transactions (other than options)
Product name   Long/Short    Number of     Price per
                             Securities    unit
CFD            Short         4685          8.8061
CFD            Short         450           8.8492
CFD            Short         8504          8.9014
CFD            Short         5882          8.9045
CFD            Long          6954          8.8062
CFD            Long          23531         8.8164
CFD            Long          500           8.8739
CFD            Long          450           8.8807


(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                         18 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