Holding in Company

Great Portland Estates PLC
11 September 2001


Letter to Company Announcements Office

I have today received notification that Capital & Counties hold 19,357,358 
ordinary shares of 50p each in this Company, representing 9.28% of the issued 
share capital of the Company.

A copy or their notice is quoted below for your information.

Letter from Desna Martin
GREAT PORTLAND ESTATES P.L.C.


Letter to Great Portland Estates Plc
10 September 2001
 
Disclosure of interest in shares of Great Portland Estates PLC (the 'company')

As required under section 198 of the Companies Act 1985 ('the Act'), notice is 
hereby given that, following purchases of shares on Friday 7th September 2001, 
we have by virtue of section 208 (4) (b) of the Act, an interest in 19,357,358 
ordinary shares of 50p each in the capital of the Company, which are or will be 
registered as follows:

Registered Holder                                         Number of shares
                 
HSBC Global Custody Nominees UK limited                       19,357,358
A/c 766831

Letter Capital & Counties