Queens Award Enterprise

Crest Nicholson PLC
23 April 2007


23rd April 2007


         Crest Nicholson wins Queen's Award for Enterprise 2007


Crest Nicholson PLC ("Crest Nicholson"), the residential and mixed use
development company, has been named as one of the winners of the Queen's Award
for Enterprise 2007, in the Sustainable Development category. This recognises
businesses which have made outstanding advances or have a high level of
continuous achievement in the environmental and social impacts of sustainable
development.

Crest Nicholson received the award for its continuous achievement in the
delivery of sustainable homes and community regeneration. Crest Nicholson was
commended for its commitment to environmental performance and the measures it
has taken, within the last five years, to reduce its ecological footprint by
minimising consumption of materials, increasing energy efficiency and reducing
waste and carbon dioxide emissions.

The company also received special merit for its community and stakeholder
consultation methods and its determination to enhance the sustainability
performance of its suppliers by integrating sustainable procurement criteria
into tenders.

Stephen Stone, Chief Executive, Crest Nicholson, commented:

"We are delighted to have won this prestigious award which is testament to our
continued emphasis on producing high quality developments that champion the very
best in sustainable development and design. With the success of flagship
regeneration schemes such as Port Marine in Portishead and Park Central in
Birmingham, and with our recent zero carbon developments, we continue to raise
the bar in creating truly sustainable communities."


Enquiries

Brunswick Group LLP             020 7404 5959
Kate Miller / Robert Gardener





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