Holding(s) in Company

Great Portland Estates PLC
3 April 2003


LETTER TO:  RNS

Today, we have received notification that Liberty International PLC holds
51,050,660 ordinary shares of 50p each in this Company representing 25.14% of
the issued share capital of the Company.

See letter below.

From:  Desna Martin (Company Secretary)





LETTER TO:  GREAT PORTLAND ESTATES PLC

        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 Wednesday 2 April 2003, we
have by virtue of section 208 (4)(b) of the Act, an interest in 51,050,660
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 
A/C 882555                                       51,050,660

From:  Susan Folger (Company Secretary, Liberty International PLC)


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