Director Shareholding

Mountview Estates PLC
12 October 2001


MOUNTVIEW ESTATES PLC ('MOUNTVIEW')

CHANGES IN DIRECTORS' SHAREHOLDINGS

Mountview has today been informed of the following share purchases by
directors and related interests:


Name of Director Previous       % of issued      New     New       % of issued
                  Holding    ordinary share purchase holding    ordinary share
                                    capital                            capital

D.M. Sinclair      592506             12.92  100,000  692506             15.10
(Beneficial)

D.M. Sinclair       57426              1.25   40,000   97426              2.12
(Non-beneficial)
                  _______             _____  _______ _______            ______

D.M. Sinclair      649932             14.17  140,000  789932             17.22
(Total)
                  _______            ______  _______ _______            ______

K. Langrish-Smith  225000              4.91     4000  229000              4.99
(Beneficial)

C. Maunder-Taylor     300              0.01      500     800              0.02
(Beneficial)

J.L. Murphy           300              0.01      300     600              0.01
(Beneficial)


All the above new purchases were made at a price of £22.50 per share on
Thursday 11 October 2001.



END                                        12 OCTOBER 2001