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               13 August 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      3,356,543       2.59%        838,173     0.65%
securities
(2) Derivatives   1,920,057       1.48%      1,842,382     1.42%
(other than
options)
(3) Options and      22,892       0.02%         22,892     0.02%
agreements to
purchase/sell
Total             5,299,492       4.08%      2,703,447     2.08%


(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      3,271                9.0757
Purchase      7,017                8.9921
Purchase      1,297                9.1200
Purchase      1,358                9.0100
Purchase      58,029               9.0945
Purchase      581                  9.1218
Purchase      300                  9.1700
Purchase      2,491                9.0493
Sale          1,783                9.0250
Sale          7,017                8.9922
Sale          2,489                9.2831
Sale          1,358                9.0600
Sale          7,017                8.9921
Sale          172                  9.2188
Sale          2,415                9.1035
Sale          90,527               9.1220
Sale          1,313                9.1157
Sale          2,346                9.1131

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Short         2491          9.0492
CFD            Short         3271          9.0757
CFD            Short         58029         9.0944
CFD            Short         300           9.17
CFD            Long          7017          8.9921
CFD            Long          1783          9.025
CFD            Long          4568          9.1058
CFD            Long          2346          9.113
CFD            Long          90527         9.1219
CFD            Long          4738          9.1856
CFD            Long          172           9.2188
CFD            Long          12650         9.224
CFD            Long          2489          9.2831

(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)                 YES


Date of disclosure                         14 August 2007
Contact name                               Geoff Smith
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

DETAILS OF OPEN POSITIONS
(This form should be attached to Form 8.1, Form 8.1(b)(ii) or Form 8.3, as appropriate)

Product name,      Written or    Number of Securities to   Exercise Price   Type, e.g.     Expiry Date
e.g. call option   Purchased     which the option or       (Note 2)         American,
                                 derivative relates                         European etc.
Option             Purchased     22,892                    8.0988           EURO           25/09/2007
Option             Purchased     -22,892                   8.0988           EURO           25/09/2007

Notes
1. Where there are open option positions or open derivative positions (except for CFD's), full details should be given.
Full details of any existing agreements to purchase or to sell should also be given on this form.
2. For all prices and other monetary amounts, the currency must be stated.
For details of the Code's dealing disclosure requirements, see Rule 8 and its Notes which can be viewed on the
Takeover Panel's website at www.thetakeoverpanel.org.uk