Directorate Change

Crest Nicholson PLC
16 March 2006
        


                                                                   16 March 2006

                              Crest Nicholson PLC
                                        
                               Directorate change


The Board of Crest Nicholson PLC (Crest), the residential and mixed-use
development company, today announces that John Callcutt has given notice of his
intention to resign as Non-Executive Deputy Chairman of Crest with effect from
31 March 2006 in order to take up the position of Chief Executive of English
Partnerships.


John Callcutt became Deputy Chairman of Crest on 1 November 2005 following his
retirement as Chief Executive Officer.


John Matthews, Chairman of Crest, said:


"John's contribution to Crest over the years has been outstanding and we are
sorry to see him leave. He has become a leading figure in UK house building,
especially in the area of urban regeneration. On behalf of the Board and
everyone at Crest I should like to thank him for his wholehearted commitment to
the Company over the past 32 years, and wish him all the very best at English
Partnerships."


Enquiries:


Crest Nicholson PLC Tel: [phone]

John Matthews, Chairman


Brunswick Group LLP

Kate Miller / Robert Gardener Tel: [phone]


Notes to editors:


John Callcutt, a solicitor, joined Crest in 1974. He was appointed to the Board
in 1985 and became Chief Executive in 1991. He became Deputy Chairman on 1
November 2005 following his retirement as Chief Executive Officer. John is
currently also a director of the Building Research Establishment (BRE) Trust, a
Director of the Housing Forum and Chairman of a Housing Forum Working Group
preparing a report on "Customer Driven Strategy for Housing Construction".

English Partnerships is the government's national regeneration agency delivering
high quality, sustainable growth in England. It does this by developing its
portfolio of strategic sites and acting as the government's advisor on
Brownfield land. It also ensures that surplus public sector assets are used to
support wider government objectives, especially those contained in the
Sustainable Communities Plan. Information on projects and programmes can be
found at www.englishpartnerships.co.uk



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