Holding in Company

Crest Nicholson PLC
8 August 2001


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Crest Nicholson Plc

2   Name of shareholder having a major interest:
Gartmore Investment Management Plc

3   Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18:
As in 2 above.

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
BNY GIL CLT A/C NOMS LTD A/C LST              763,941
BNY GIL CLT A/C NOMS LTD A/C GWNT             169,086
BNY GIL CLT A/C NOMS LTD A/C HUKE              18,900
BNY GIL CLT A/C NOMS LTD A/C JLOP              28,597
BNY GIL CLT A/C NOMS LTD A/C NWSC           1,064,837
BNY GIL CLT A/C NOMS LTD A/C NWUE                 894
BNY GIL CLT A/C NOMS LTD A/C MPFUE            151,924
BNY GIL CLT A/C NOMS LTD A/C PESCG            581,269
BNY GIL CLT A/C NOMS LTD A/C PEUKI            300,592
Bank of New York Nominees Limited             381,300
Nortrust Nominees Ltd                       1,046,917
Bony (Nominees) Limited A/C SKO5               11,850
Chase Nominees Limited                         20,204
RBSTB Nominees Limited A/C CHCOLBHE            48,700
RBSTB Nominees Limited                      1,063,791
HSBC Global Custody Nominee (UK) Ltd           50,000
Midland Bank Sec Services                      19,642
Chase Manhattan Bank London                    36,193
Citibank SICAV (Luxembourg)                   104,865
Vidacos Nominees Limited G A/C              4,614,498
Capital Strategy Fund Ltd A/C CSBF            145,581
Chase Nominees Limited A/C L004               214,200
Chase Nominees Limited A/C PO17               204,000
Chase Nominees Limited A/C NWR34               28,500
Chase Nominees Limited A/C LO49                59,951
                                           __________
                                           11,130,232
                                           __________


5   Number of shares/amount of stock acquired:
-

6   Percentage of issued class:
-

7   Number of shares/amount of stock disposed:
-

8   Percentage of issued class:
-

9   Class of security:
Ordinary 10p shares

10  Date of transaction:
-

11  Date company informed:
08.08.01

12  Total holding following this notification:
11,130,232

13  Total percentage holding of issued class following this notification:
10.22%

14  Contact name for queries:
N.I. Hughes

15 Contact telephone number:
01932 847272

16  Name of company official responsible for making notification:
N.I. Hughes

17  Date of notification:
08.08.01


Additional Information: