Holding in Company

Quintain Estates & Development PLC 3 August 2000 DEALINGS BY SUBSTANTIAL SHAREHOLDERS 1) NAME OF COMPANY QUINTAIN ESTATES AND DEVELOPMENT PLC 2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST CGNU 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 NOTIFICATION INDICATES THAT IT IS IN RESPECT OF HOLDING OF THE SHARE HOLDER NAMED IN 2 ABOVE 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them. MORLEY FUND MANAGEMENT LIMITED (8,451,764) NORWICH UNION INVESTMENT MANAGEMENT LIMITED (6,022,739) 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 ORD 10) Date of transaction 11) Date company informed 04/08/2000 12) Total holding following this notification 14,474,503 13) Total percentage holding of issued class following this notification 11.09% 14) Any additional information NOTIFICATION OF TOTAL HOLDING FOLLOWING MERGER OF CGU PLC AND NORWICH UNION PLC 15) Name of contact and telephone number for queries REBECCA WORTHING/SUSAN MINOCH 0207 495 8968 16) Name and signature of authorised company official responsible for making this notification Date of Notification .... 04/08/2000 ..........

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