Director Shareholding

Mountview Estates PLC
19 June 2002



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

Director's Shareholding

Mountview have today been notified that Mr. D.M. Sinclair (Chairman) sold 10,000
ordinary shares of 5p each in the Company at a price of £31.00 per share on 19
June 2002. 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:               675,281     (17.32%)

Sold:                   10,000

New:                    665,281     (17.06%)


Non-beneficial

Previous               109,000     (2.79%)

Acquired:              11,275

New:                   120,275     (3.08%)








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