Holding in Company

Persimmon PLC
4 January 2001


                  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.

     NONE DISCLOSED 

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

     NONE DISCLOSED

8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY

10)  Date of transaction

     31 DECEMBER 2000

11)  Date company informed

     2nd JANUARY 2001

12)  Total holding following this notification

     25,413,557
               
13)  Total percentage holding of issued class following this notification

     13.90%

14)  Any additional information

     NOTIFICATION ARISES AS A RESULT OF COMBINATION OF FUNDS OF M&G INVESTMENT  
     MANAGEMENT LIMITED AND PRUDENTIAL PORTFOLIO MANAGERS LTD.

15)  Name of contact and telephone number for queries

     TRACY DAVISON
     01904 642199

16)  Name and signature of authorised company official responsible for 
     making this notification   ALEXANDER GARTON   020 7678 7508

     Date of Notification ..4.01.2001


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              83,470
CLYDESDALE BK NOMS LTD MGB               2,375,000
CLYDESDALE BK NOMS LTD MGT                  13,200
M&G (LOMBARD ST) NOMS 705000               350,000
MAGIM 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             31,000
SCOT AM MANAGED INDEX TRUST                  9,300

                                        25,413,557         13.90