Resignation of Directors

Crest Nicholson PLC
04 May 2007


Crest Nicholson PLC
For Immediate Release
4 May 2007


Resignation of directors


Further to the announcement made on 3 May 2007, whereby Crest Nicholson PLC
("Crest Nicholson" or the "Company") confirmed that the Scheme of Arrangement
had become effective and in accordance with paragraph 8 of Part 2 (Explanatory
Statement) of the Scheme Document, the Chairman and Non-Executive Directors of
Crest Nicholson have resigned as directors of the Company with effect from 3 May
2007.


Enquiries

Crest Nicholson                                                 01932 580 555
Stephen Stone, Chief Executive

Dresdner Kleinwort (Financial and Rule 3 Adviser and Broker     020 7623 8000
to Crest Nicholson)
Charles Batten
Michael Covington
Angus Kerr (Corporate Broking)

Brunswick (Public Relations Adviser to Crest Nicholson)         020 7404 5959
Andrew Fenwick
Kate Miller

Dresdner Kleinwort, which is authorised and regulated in the United Kingdom by
the Financial Services Authority, is acting for Crest Nicholson and no-one else
in relation to the Proposals and will not be responsible to anyone other than
Crest Nicholson for providing the protections afforded to customers of Dresdner
Kleinwort or for providing advice in relation to the Proposals or any other
matter referred to herein.



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