Holding in Company

Great Portland Estates PLC
22 September 2000



LETTER TO: COMPANY ANNOUNCEMENTS OFFICE

I have today received notification that, following recent purchases, Capital 
& Counties have increased their holding of the issued share capital of the
Company from 2.77% to 4.06%, holding 8,700,000 ordinary shares of 50p each.

LETTER FROM: GREAT PORTLAND ESTATES



LETTER TO:  GREAT PORTLAND ESTATES

DATED:  20TH SEPTEMBER 2000

Disclosure of Interest in Shares of Great Portland Estates P.L.C (the 'Company')

As required under section 198 of the Companies Act 1985 ('the Act'), notice is
hereby given that, following a purchase of shares on Friday 15th September 2000
and Monday 18th September 2000, we have by virtue of section 208(4)(b) of the
Act, an interest in 8,700,000 ordinary shares of 50p each in the capital of the
Company which are registered as follows:


Registered Holder                                      Number of shares
                                                   
HSBC Global Custody Nominees UK Limited A/c 766831            3,723,000

T&C Nominees Limited                                          4,977,000


LETTER FROM: CAPITAL & COUNTIES