Additional Listing

Quintain Estates & Development PLC
12 March 2002


Quintain Estates & Development plc.

Pursuant to the above-named Company's Share Option Schemes options over 30,082
Ordinary Shares of 25p each have been exercised: 26,782 under the Quintain
Estates and Development PLC 1996 Approved Executive Share Option Scheme and
3,300 under the Quintain Estates and Development PLC Executive Share Option
(No.2) Scheme.

Accordingly, application has been made to The UK Listing Authority for these
shares to be admitted to the Official List and to the London Stock Exchange for
these shares to be admitted to trading. The Shares rank pari passu with the
existing issued shares of the Company.

Copies of this announcement are available from the office of Cazenove & Co. Ltd
for the period of 2 business days from the date hereof.


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