Director/PDMR Shareholding

Quintain Estates & Development PLC
04 January 2008

Annex DTR3

Notification of Transactions of Directors/Persons Discharging Managerial
Responsibility and Connected Persons

All relevant boxes should be completed in block capital letters.

1.  Name of the issuer                                2.  State whether the notification relates to (i) a
                                                          transaction notified in accordance with DTR 3.1.2
                                                          R,
    Quintain Estates & Development PLC
                                                          (ii) a disclosure made in accordance LR 9.8.6R(1)
                                                          or

                                                          (iii) a disclosure made in accordance with
                                                          section 793 of the Companies Act (2006).

                                                          (ii)


3.  Name of person discharging managerial             4.  State whether notification relates to a person
    responsibilities/director                             connected with a person discharging managerial
                                                          responsibilities/director named in 3 and identify
                                                          the connected person
    Mrs Rebecca Worthington

5.  Indicate whether the notification is in respect   6.  Description of shares (including class),
    of a holding of the person referred to in 3 or 4      debentures or derivatives or financial
    above or in respect of a non-beneficial               instruments relating to shares
    interest 1

    Notification in respect of Rebecca Worthington        Ordinary shares of 25p

7.  Name of registered shareholders(s) and, if more   8.  State the nature of the transaction
    than one, the number of shares held by each of
    them

    Mrs Rebecca Worthington                               Exercise of share options

9.  Number of shares, debentures or financial         10. Percentage of issued class acquired (treasury
    instruments relating to shares acquired               shares of that class should not be taken into
                                                          account when calculating percentage)

    30,075                                                0.023%


11. Number of shares, debentures or financial         12. Percentage of issued class disposed (treasury
    instruments relating to shares disposed               shares of that class should not be taken into
                                                          account when calculating percentage)

    Nil


13. Price per share or value of transaction           14. Date and place of transaction

    Exercise of 30,075 options at £1.995                  3 January 2008   London

15. Total holding following notification and total    16. Date issuer informed of transaction
    percentage holding following notification (any
    treasury shares should not be taken into account
    when calculating percentage)
                                                          
    73,934                                                3 January 2008

    0.0569%


If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes

17. Date of grant                                     18. Period during which or date on which exercisable



19. Total amount paid (if any) for grant of the       20. Description of shares or debentures involved
    option                                                (class and number)



21. Exercise price (if fixed at time of grant) or     22. Total number of shares or debentures over which
    indication that price is to be fixed at the time      options held following notification
    of exercise



23. Any additional information                        24. Name of contact and telephone number for queries

    Mrs Worthington has paid all costs and tax            Sue Dixon   0207 478 9418
    associated with the exercise out of her own
    resources and has accordingly retained all of the
    shares arising from the exercise.


Name of authorised official of issuer responsible for making notification

Sue Dixon

Date of notification           4 January 2008



Notes:    This form is intended for use by an issuer to make a RIS notification
required by DR 3.3.


(1)   An issuer making a notification in respect of a transaction relating to the shares or
      debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2)   An issuer making a notification in respect of a derivative relating the shares of the issuer
      should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3)   An issuer making a notification in respect of options granted to a director/person discharging
      managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4)   An issuer making a notification in respect of a financial instrument relating to the shares of
      the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23
      and 24.




                      This information is provided by RNS
            The company news service from the London Stock Exchange