Holding in Company

Crest Nicholson PLC
2 May 2002



Schedule 10 - Notification of Major Interests in Shares

1   Name of company:

Crest Nicholson Plc


2   Name of shareholder having a major interest:

Schroder 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:

Management of portfolios aggregated for notification purposes.


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

Chase Nominees Limited                         5,736,425

BT Globenet Nominees Limited a/c: 6B             919,600

HSBC Bank International a/c: 10096301            185,000

Nortrust Nominees Limited                      1,673,765

State Street Nominees Limited a/c: 5H57        1,130,000

Schroder Nominees Ltd                          5,010,449

MSS Nominees Ltd a/c: 823666                     550,000

Morgan Nominee Limited a/c: GRL-Crest ID:AG01    460,000

Morgan Nominee Limited                           590,000

RBSTB Nominee Limited a/c: AAUKPS                264,000


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:

2.5.02


12  Total holding following this notification:

16,519,239


13  Total percentage holding of issued class following this notification:

15.04%


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:

2.5.02


Additional Information:




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