Director Shareholding

Barratt Developments PLC
5 December 2001


Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:

Barratt Development PLC

2   Name of director:

Mr. C.A. Dearlove

3   Please state whether notification indicates that it is in respect of     
holding of the director named in 2 above or holding of that person's spouse or
children under the age of 18 or in respect of a non- beneficial interest:

In respect of Director named in (2) above.

4   Name of registered holder(s) and, if more than one holder, the number of 
shares held by each of them (if notified):

Mr. C.A. Dearlove

5   Please state whether notification relates to a person(s) connected with  
the director named in 2 above and identify the connected person(s):

In respect of Director named in (2) above.

6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:

Mr. C.A. Dearlove exercised an option on 5th December, 2001 to purchase
105,530 shares at 180p per share and exercised an option on 5th December, 2001
to purchase 105,530 shares at 171p per share and sold on 5th December, 2001
180,060 shares at a price of 370.007p per share.

7   Number of shares/amount of stock acquired:
211,060 shares

8   Percentage of issued class:
0.089%

9   Number of shares/amount of stock disposed:
180,060 shares

10  Percentage of issued class:
0.076%

11  Class of security:
Ordinary shares of 10p each fully paid

12  Price per share:
See 'Additional Information'

13  Date of transaction:
5th December, 2001

14  Date company informed:
5th December, 2001

15  Total holding following this notification:
50,982 shares

16  Total percentage holding of issued class following this notification:
0.021%

If a director has been granted options by the company, please complete the
following fields:

17  Date of grant:
See 'Additional Information'

18  Period during which or date on which exercisable:
See 'Additional Information'

19  Total amount paid (if any) for grant of the option:
Nil in each case

20  Description of shares or debentures involved: class, number:
Ordinary Shares of 10p Each Fully Paid

21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:
See 'Additional Information'

22  Total number of shares or debentures over which options held following
this notification:
655,000 shares

23  Contact name for queries:
Mr. Laurence Dent

24  Contact telephone number:
0191 2866811

25  Name of company official responsible for making notification:
Mr. Laurence Dent


Additional Information:

'Section 12 - Price per Share'

Purchase 180p per share - sale 370.007p per share
Purchase 171p per share - sale 370.007p per share

'Section 17 - Date of Grant'

 65,000 shares @ 271p - 26.04.96
120,000 shares @ 222p - 11.12.97
 70,000 shares @ 205p - 15.10.98
140,000 shares @ 275p - 30.09.99
140,000 shares @ 273p - 27.10.00
120,000 shares @ 330p - 01.11.01

'Section 18 - Period during which or date on which exercisable'

 65,000 shares - 7 years ended 26.04.2006
120,000 shares - 7 years ended 11.12.2007
 70,000 shares - 7 years ended 15.10.2008
140,000 shares - 7 years ended 30.09.2009
140,000 shares - 7 years ended 27.10.2010
120,000 shares - 7 years ended 01.11.2001

'Section 21 - Exercise price if fixed at time of grant'

 65,000 shares @ 271p 
120,000 shares @ 222p 
 70,000 shares @ 205p 
140,000 shares @ 275p 
140,000 shares @ 273p 
120,000 shares @ 330p