Holding(s) in Company

Hammerson PLC
1 July 2002

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

HAMMERSON PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

BARCLAYS PLC

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.



5)   Number of shares/amount of stock acquired.

-

6)   ( N/A %) of issued Class

-

7)   Number of shares/amount of stock disposed

NOT NOTIFIED

8)   ( N/A %) of issued Class

NOT NOTIFIED

9)   Class of security

ORDINARY SHARES OF 25P EACH

10)  Date of transaction

26 JUNE 2002

11)  Date company informed

1 JULY 2002

12)  Total holding following this notification

LESS THAN 3%
               
13)  Total percentage holding of issued class following this notification

LESS THAN 3%

14)  Any additional information

FOLLOWING THIS DISPOSAL BARCLAYS PLC NO LONGER HAVE A NOTIFIABLE INTEREST IN
HAMMERSON PLC

15)  Name of contact and telephone number for queries

STUART HAYDON    020 7887 1017

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

     Date of Notification 1 JULY 2002..................


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