Director Shareholding

Mountview Estates PLC
09 September 2002

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



Director's Shareholding


Mountview have today been notified that Mr. D.M. Sinclair (Chairman) sold 6,705
ordinary shares of 5p each in the Company at a price of £29.00 per share on 9
September 2002. Mr. Sinclair's beneficial 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               660,231     (16.93%)

Sold                     6,705

New                    653,526     (16.76%)



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





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