Director Shareholding

Great Portland Estates PLC
25 January 2001


                       DEALINGS BY DIRECTORS

1)  NAME OF COMPANY

GREAT PORTLAND ESTATES P.L.C.

2)  NAME OF DIRECTOR

JOHN WHITELEY

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 or in respect of an non-beneficial interest

YES

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

AS ABOVE

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

N/A

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

EXERCISE OF SHARE OPTION

7)  Number of shares/amount of
    stock acquired

51,531

8)   ( 0.024% )
    of issued Class


9)  Number of shares/amount
    of stock disposed

N/A

10)  ( N/A %)
    of issued Class


11) Class of security

ORDINARY


12) Price per share

164.95p

13) Date of transaction

25/01/01

14) Date company informed

25/01/01

15) Total holding following this notification

61,193

16) Total percentage holding of issued class following this notification

0.028

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries

DESNA MARTIN      020 7580 3040

25) Name and signature of authorised company official responsible for
    making this notification

   Date of Notification     25 JANUARY 2001



                       DEALINGS BY DIRECTORS

1)  NAME OF COMPANY

GREAT PORTLAND ESTATES P.L.C.

2)  NAME OF DIRECTOR

JOHN WHITELEY

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 or in respect of an non-beneficial interest

YES

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

JOHN WHITELEY     6,300
DIANE WHITELEY   23,893

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

N/A

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

SALE OF SHARES TO MEET SHARE OPTION EXERCISE COSTS

7)  Number of shares/amount of
    stock acquired


8)   ( N/A % )
    of issued Class


9)  Number of shares/amount
    of stock disposed

30,193

10)  ( 0.014% )
    of issued Class


11) Class of security

ORDINARY

12) Price per share

282p

13) Date of transaction

25/01/01

14) Date company informed

25/01/01

15) Total holding following this notification

31,000 SHARES

16) Total percentage holding of issued class following this notification

0.014

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries

DESNA MARTIN    020 7580 3040

25) Name and signature of authorised company official responsible for
    making this notification

   Date of Notification   25 JANUARY 2001