Director Shareholding

Mountview Estates PLC
17 July 2002

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



Director's Shareholding



Mountview have today been notified that Viewthorpe Ltd., of which Mr. D.M.
Sinclair (Chairman of Mountview) is a director, bought 1,000 ordinary shares of
5p each in the Company at a price of £31.00 per share on 17 July 2002. Mr.
Sinclair's non-beneficial holding in the ordinary share capital of the Company
is now as follows:




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


Non-beneficial

Previous               122,775     (3.15%)

Acquired:               1,000

New:                    123,775     (3.17%)


Mr Sinclair's beneficial holding in the Company remains unchanged.








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