Holding(s) in Company

Hammerson PLC
27 August 2002

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     HAMMERSON PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     STICHTING PENSIOENFONDS ABP

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

     AS IN 2) ABOVE

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

     VARIOUS

5)   Number of shares/amount of stock acquired.

     NOT STATED

6)   (%) of issued Class

     NOT STATED

7)   Number of shares/amount of stock disposed

     NOT APPLICABLE

8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY SHARES OF 25p EACH

10)  Date of transaction

     NOT STATED

11)  Date company informed

     27 AUGUST 2002

12)  Total holding following this notification

     8,454,383
               
13)  Total percentage holding of issued class following this notification

     3.01%

14)  Any additional information

     
15)  Name of contact and telephone number for queries

     NICOLA CHURCHILL
     020 7887 1823

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

     Date of Notification .....27 AUGUST 2002......



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