Holding in Company

Crest Nicholson PLC
19 July 2001


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Crest Nicholson Plc

2   Name of shareholder having a major interest:
Legal & General Investment Management Ltd

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:
HSBC Global Custody Nominee (UK) Ltd A/c 775245       962,752
HSBC Global Custody Nominee (UK) Ltd A/c 360509        42,375
HSBC Global Custody Nominee (UK) Ltd A/c 357206     4,160,670
HSBC Global Custody Nominee (UK) Ltd A/c 747381       106,000
HSBC Global Custody Nominee (UK) Ltd A/c 866203        79,000

5   Number of shares/amount of stock acquired:
-

6   Percentage of issued class:
-

7   Number of shares/amount of stock disposed:
110,000

8   Percentage of issued class:
0.10%

9   Class of security:
10p Ordinary Shares

10  Date of transaction:
17 July, 2001

11  Date company informed:
18 July, 2001

12  Total holding following this notification:
5,350,797

13  Total percentage holding of issued class following this notification:
4.92%

14  Contact name for queries:
W.G. Hague

15 Contact telephone number:
01932 847272

16  Name of company official responsible for making notification:
W.G. Hague

17  Date of notification:
19 July, 2001





Additional Information: