Director Shareholding

Mountview Estates PLC
14 December 2001

MOUNTVIEW ESTATES PLC ('MOUNTVIEW' OR 'THE COMPANY')



Director's Shareholding



Mountview have today been notified that Mr. D.M. Sinclair (Chairman) sold
7,225 ordinary shares of 5p each in the Company at a price of £28.00 per share
on 13 December 2001. Mr. Sinclair's holding in the ordinary share capital of
the Company is now as follows:




Duncan M. Sinclair (including those of his wife and family)


Beneficial

Previous:               692,506     (17.76%)

Sold:                    7,225

New:                    685,281     (17.57%)




Mr. Sinclair's non-beneficial interest remains unchanged.


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