Notifiable Interest

Gleeson(M J)Group PLC
11 May 2005



MJ GLEESON GROUP PLC (the 'Company')

11 May 2005


Notifiable Interest


MJ Gleeson Group plc (the'Company') was informed by a letter dated 11 May 2005,
that following a purchase of 500,000 Ordinary Shares of 2p each on 10 May 2005,
North Atlantic Value LLLP is currently interested in 3,402,279 Ordinary Shares
of 2p each in the Company representing 6.67% of the issued share capital of the
Company.



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