Holding in Company

Persimmon PLC
2 March 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

PERSIMMON PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

M & G PLC


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

2 ABOVE


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

MAGIM HSBC GIS NOM (UK) SAL1              154,943
PRUCLT HSBC GIS NOM (UK) PAC A/C       10,195,375
PRUCLT HSBC GIS NOM (UK) PHIL AC          199,066
PRUCLT HSBC GIS NOM (UK) PPL AC            31,000


5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

ORDINARY SHARES


10)  Date of transaction



11)  Date company informed

29/02/01


12)  Total holding following this notification

10,580,384

               
              
13)  Total percentage holding of issued class following this notification

5.78%


14)  Any additional information

NONE


15)  Name of contact and telephone number for queries

SARA PHILLIPS
020  7878  7358



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

     Date of Notification ...2 MARCH 2001.....................