Holding in Company

Persimmon PLC
11 September 2000


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

PERSIMMON PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

M&G INVESTMENT MANAGEMENT


3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

N/A


4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

SEE SCHEDULE BELOW


5)   Number of shares/amount of stock acquired.

N/A


6)   ( N/A %) of issued Class


7)   Number of shares/amount of stock disposed

NOT DISCLOSED


8)   ( N/A %) of issued Class


9)   Class of security

ORDINARY


10)  Date of transaction

NOT DISCLOSED


11)  Date company informed

8/9/00


12)  Total holding following this notification

25,380,157
               
              
13)  Total percentage holding of issued class following this notification

13.90%


14)  Any additional information

NONE


15)  Name of contact and telephone number for queries

ALEX GARTON     020 7678 7508


16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification .... 11 SEPTEMBER 2000 .....................



                         SCHEDULE 1


Registered Holder                         Current Holding       Holding %

CHASE NOMINEES LTD A/C 3789                   475,654
CHASE NOMS LT A/C 14914                     1,654,655
CHASE NOMS LTD                                 52,500
CHASE NOMS LTD A/C 14915                      239,394
CLYDESDALE BK (H.OFF) NOMS LTD                 65,470
CLYDESDALE BK NOMS LTD MGB                  2,375,000
CLYDESDALE BK NOMS LTD MGT                     13,200
M&G (LOMBARD ST) NOMS 705000                  350,000
PPMCLT HSBC GIS NOM(UK) SALI                  154,943
PRUCLT HSBC GIS NOM(UK) PAC AC             19,615,375
PRUCLT HSBC GIS NOM(UK) PHL AC                359,066
PRUCLT HSBC GIS NOM(UK) PPL AC                 15,600
SCOT AM MANAGED INDEX TRUST                     9,300

                                           25,380,157            13.90