Holding(s) in Company

Great Portland Estates PLC
7 May 2002

Letter to RNS

I have today received notification that Royal & Sun Alliance hold 6,300,830
ordinary shares of 50p each in this Company representing 3.10% of the issued
share capital of the Company.

A copy of their notice is shown below for your information.

From Great Portland Estates Plc

Letter to Great Portland Estates plc
 
DISCLOSURE OF SHARE INTEREST - COMPANIES ACT 1989 

Following recent transactions, we are writing to inform you of our notifiable
interest in the shares or your company. The details are set out below. 

Registered Name                                                          Holding 

British Aviation Insurance Company Limited                              161,238 
Littledown Nominees Ltd 'RI A/c for                                   4,480,711 
Royal & Sun Alliance Insurance Plc No.l A/c 

Littledown Nominees Ltd 'R' A/c for                                     129,407 
Royal Insurance Group Pension Scheme (UK Equities) 

Littledown Nominees Limited 'R' A/c for                               1,200,000 
Sun Alliance & London Assurance Company Limited 

Littledown Nominees Ltd 'R' A/c for                                     285,960 
SAL Pension Fund Limited 

Sun Alliance Linked Life Insurance Limited                               13,600 

Royal & Sun Alliance Linked Insurance Limited                            29,914 

TOTAL                                                                 6,300,830 

Number of shares in issue                                           203,041,984 

Percentage of issued share capital                                         3.10

                                                                    203,093,515 
 
The appendix shown below gives details of the beneficial interest of the
holdings shown above, 

APPENDIX 

Beneficial ownership and voting rights 

Shares held in the name of Littledown Nominees Ltd 'R' a/c for:- 
- Phoenix Assurance Plc 
- Royal & Sun Alliance Life & Pensions Ltd 
- Royal & Sun Alliance Insurance Plc No 1 A/C 
- Royal & Sun Alliance Linked Insurances Ltd 
- Sun Alliance & London Insurance Plc 
- Sun Alliance & London Assurance Company Ltd 
are held on behalf of those companies as beneficial owners. 

Shares held in the name of Littledown Nominees Ltd 'R' A/C for Royal Insurance
Group Pension Scheme are held on behalf of the Trustees of the Scheme. Shares
held in the name of Midland Bank Trust Company are held as custodians to the
Royal Insurance Benevolent Fund. 

Shares registered in the name of Littledown Nominees Ltd 'R' A/C for SAL Pension
Fund are held on behalf of that company as the Corporate Trustee of SAL Pension
Scheme (the Sun Alliance occupational pension scheme). SAL Pension Fund is a
wholly owned subsidiary of Royal & Sun Alliance Insurance Group plc. 

Shares registered as Chase Nominees Ltd and held for individual unit trusts and
OEIC's are held not as beneficial owner but on behalf of unitholders and
shareholders. These funds are managed by Royal & Sun Alliance Unit Trust
Management Ltd who have the right to exercise full voting rights for these
shares. 

Shares registered as Chase Nominees Ltd A/C CMBL and held for SICAV's registered
in Luxembourg are beneficially owned by the SICAV's shareholders. 

The voting rights carried by the shares detailed above are not subject to an
agreement or arrangement under which another person or company is entitled to
control our exercise of rights. 

Shares held in the name of Nortrust Nominees Ltd are held on behalf of 
Pool Reinsurance Company Ltd. 

Shares held in the name of Littledown Nominees Ltd 'R' A/C for The British 
Aviation Insurance Company Limited are beneficially owned by The British 
Aviation Insurance Company Limited. 

Any interest of Phoenix, Assurance plc, Sun Alliance Linked Life Assurance
Limited, Sun Alliance Pensions Limited and Sun Alliance and London Assurance
Company Limited, disclosed in the letter, are also deemed to be the
interest of each of their parent company, Royal & Sun Alliance Life Holdings
Limited, its parent Royal & Sun Alliance Insurance plc and its parent Royal &
Sun Alliance Insurance Group plc, by means of the provisions of Section 203 of
the Companies Act 1985. Any interests of Royal & Sun Alliance Life & Pensions
Limited, Royal & Sun Alliance Linked Insurances Limited, Royal Life (ULA)
Limited and Royal Life (ULPF) Limited, disclosed in the attached letter, are 
also deemed to be the interest of each of their parent company, Royal & Sun 
Alliance Life Holdings Limited, its parent Royal & Sun Alliance Insurance plc 
and its parent Royal & Sun Alliance Insurance Group plc. by means of the 
provisions of Section 203 of the Companies Act 1985. 

From Royal & Sun Alliance Insurance Group plc




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