Directors' Notification of Dealing in Shares

Crest Nicholson PLC
27 March 2000


Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
Crest Nicholson Plc

2   Name of director:
J. Callcutt

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:
J. Callcutt

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

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

6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:
Award of a conditional right to receive Ordinary shares in the Company under
the Crest Nicholson Long Term Share Incentive Plan.  There is no price
involved.  Under the Plan, the number of shares vesting will depend upon the
Company's performance against its Comparator Group during the four year period
ended 31 October 2003.

7   Number of shares/amount of stock acquired:
111,702

8   Percentage of issued class:
N/A

9   Number of shares/amount of stock disposed:
-

10  Percentage of issued class:
-

11  Class of security:
10p Ordinary shares

12  Price per share:
N/A

13  Date of transaction:
Date of award 1.3.2000 (not transaction)

14  Date company informed:
1.3.2000

15  Total holding following this notification:
N/A

16  Total percentage holding of issued class following this notification:
-

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

17  Date of grant:
-

18  Period during which or date on which exercisable:
-

19  Total amount paid (if any) for grant of the option:
-

20  Description of shares or debentures involved: class, number:
-

21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:
-

22  Total number of shares or debentures over which options held following
this notification:
-

23  Contact name for queries:
N. Ian Hughes

24  Contact telephone number:
01932 847272

25  Name of company official responsible for making notification:
N. Ian Hughes - Group Secretary




Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
Crest Nicholson Plc

2   Name of director:
J.C. Littler

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:
J.C. Littler

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

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

6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:
Award of a conditional right to receive Ordinary shares in the Company under
the Crest Nicholson Long Term Share Incentive Plan.  There is no price
involved.  Under the Plan, the number of shares vesting will depend upon the
Company's performance against its Comparator Group during the four year period
ended 31 October 2003.

7   Number of shares/amount of stock acquired:
63,829

8   Percentage of issued class:
N/A

9   Number of shares/amount of stock disposed:
-

10  Percentage of issued class:
-

11  Class of security:
10P Ordinary shares

12  Price per share:
N/A

13  Date of transaction:
Date of award 1.3.2000 (not transaction)

14  Date company informed:
1.3.2000

15  Total holding following this notification:
N/A

16  Total percentage holding of issued class following this notification:
-

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

17  Date of grant:
-

18  Period during which or date on which exercisable:
-

19  Total amount paid (if any) for grant of the option:
-

20  Description of shares or debentures involved: class, number:
-

21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:
-

22  Total number of shares or debentures over which options held following
this notification:
-

23  Contact name for queries:
N. Ian Hughes

24  Contact telephone number:
01932 847272

25  Name of company official responsible for making notification:
N. Ian Hughes - Group Secretary




Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
Crest Nicholson Plc

2   Name of director:
P.R. Murray

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:
P.R. Murray

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

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

6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:
Award of a conditional right to receive Ordinary shares in the Company under
the Crest Nicholson Long Term Share Incentive Plan.  There is no price
involved.  Under the Plan, the number of shares vesting will depend upon the
Company's performance against its Comparator Group during the four year period
ended 31 October 2003.

7   Number of shares/amount of stock acquired:
57,446

8   Percentage of issued class:
N/A

9   Number of shares/amount of stock disposed:
-

10  Percentage of issued class:
-

11  Class of security:
10p Ordinary shares

12  Price per share:
N/A

13  Date of transaction:
Date of award 1.3.2000 (not transaction)

14  Date company informed:
1.3.2000

15  Total holding following this notification:
N/A

16  Total percentage holding of issued class following this notification:
-

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

17  Date of grant:
-

18  Period during which or date on which exercisable:
-

19  Total amount paid (if any) for grant of the option:
-

20  Description of shares or debentures involved: class, number:
-

21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:
-

22  Total number of shares or debentures over which options held following
this notification:
-

23  Contact name for queries:
N. Ian Hughes

24  Contact telephone number:
01932 847272

25  Name of company official responsible for making notification:
N. Ian Hughes - Group Secretary




Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
Crest Nicholson Plc

2   Name of director:
B.G. Walker

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:
B.G. Walker

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

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

6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:
Award of a conditional right to receive Ordinary shares in the Company under
the Crest Nicholson Long Term Share Incentive Plan.  There is no price
involved.  Under the Plan, the number of shares vesting will depend upon the
Company's performance against its Comparator group during the four year period
ended 31 October 2003.

7   Number of shares/amount of stock acquired:
63,829

8   Percentage of issued class:
N/A

9   Number of shares/amount of stock disposed:
-

10  Percentage of issued class:
-

11  Class of security:
10p Ordinary shares

12  Price per share:
N/A

13  Date of transaction:
Date of award 1.3.2000 (not transaction)

14  Date company informed:
1.3.2000

15  Total holding following this notification:
N/A

16  Total percentage holding of issued class following this notification:
-

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

17  Date of grant:
-

18  Period during which or date on which exercisable:
-

19  Total amount paid (if any) for grant of the option:
-

20  Description of shares or debentures involved: class, number:
-

21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:
-

22  Total number of shares or debentures over which options held following
this notification:
-

23  Contact name for queries:
N. Ian Hughes

24  Contact telephone number:
01932 847272

25  Name of company official responsible for making notification:
N. Ian Hughes




Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
Crest Nicholson Plc

2   Name of director:
S. Stone

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:
S. Stone

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

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

6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:
Award of a conditional right to receive Ordinary shares in the Company under
the Crest Nicholson Long Term Share Incentive Plan.  There is no price
involved.  Under the Plan, the number of shares vesting will depend upon the
Company's performance against its Comparator Group during the four year period
ended 31 October 2003.

7   Number of shares/amount of stock acquired:
63,829

8   Percentage of issued class:
N/A

9   Number of shares/amount of stock disposed:
-

10  Percentage of issued class:
-

11  Class of security:
10p Ordinary shares

12  Price per share:
N/A

13  Date of transaction:
Date of award 1.3.2000 (not transaction)

14  Date company informed:
1.3.2000

15  Total holding following this notification:
N/A

16  Total percentage holding of issued class following this notification:
-

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

17  Date of grant:
-

18  Period during which or date on which exercisable:
-

19  Total amount paid (if any) for grant of the option:
-

20  Description of shares or debentures involved: class, number:
-

21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:
-

22  Total number of shares or debentures over which options held following
this notification:
-

23  Contact name for queries:
N. Ian Hughes

24  Contact telephone number:
01932 847272

25  Name of company official responsible for making notification:
N. Ian Hughes




Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
Crest Nicholson Plc

2   Name of director:
D. Ross

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:
D. Ross

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

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

6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:
Award of a conditional right to receive Ordinary shares in the Company under
the Crest Nicholson Long Term Share Incentive Plan.  There is no price
involved.  Under the Plan, the number of shares vesting will depend upon the
Company's performance against its Comparator Group during the four year period
ended 31 October 2003.

7   Number of shares/amount of stock acquired:
61,702

8   Percentage of issued class:
N/A

9   Number of shares/amount of stock disposed:
-

10  Percentage of issued class:
-

11  Class of security:
10p Ordinary shares

12  Price per share:
N/A

13  Date of transaction:
Date of award 1.3.2000 (not transaction)

14  Date company informed:
1.3.2000

15  Total holding following this notification:
N/A

16  Total percentage holding of issued class following this notification:
-

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

17  Date of grant:
-

18  Period during which or date on which exercisable:
-

19  Total amount paid (if any) for grant of the option:
-

20  Description of shares or debentures involved: class, number:
-

21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:
-

22  Total number of shares or debentures over which options held following
this notification:
-

23  Contact name for queries:
N. Ian Hughes

24  Contact telephone number:
01932 847272

25  Name of company official responsible for making notification:
N. Ian Hughes





Additional Information: