Director/PDMR Shareholding

Crest Nicholson PLC
15 June 2006



On 14 June 2006, the following directors/PDMRs purchased shares under the
Company's Share Incentive Plan:


Director              Shares purchased     Matching Shares to 
                                           Directors/PDMRs
             
P. Callcutt           24                   12
D.P. Darby            24                   12
S. Stone              24                   12
             
PDMR            
N.I. Hughes           24                   12
N.C. Tinker           24                   12



The shares were purchased at a price of 504.98p and will normally vest after 5
years.




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