Holding(s) in Company

Hammerson PLC
29 January 2003


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

HAMMERSON PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

LEGAL & GENERAL GROUP 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.

VARIOUS

5)   Number of shares/amount of stock acquired.

NOT NOTIFIED

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

N/A

8)   ( N/A %) of issued Class

9)   Class of security

ORDINARY 25P SHARES

10)  Date of transaction

NOT NOTIFIED

11)  Date company informed

29/1/03

12)  Total holding following this notification

8,964,831
               
13)  Total percentage holding of issued class following this notification

3.24%

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 ...29 JANUARY 2003...............



                      This information is provided by RNS
            The company news service from the London Stock Exchange
                   V