Holding in Company

Quintain Estates & Development PLC
19 July 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     QUINTAIN ESTATES AND DEVELOPMENT PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     PRUDENTIAL PLC AND SUBSIDIARIES

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 THE SHAREHOLDER 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.

     SEE BELOW

5)   Number of shares/amount of stock acquired.

     -

6)   ( - %) of issued Class

7)   Number of shares/amount of stock disposed

     1,134,760

8)   (0.89%) of issued Class

9)   Class of security

     ORDINARY SHARES

10)  Date of transaction



11)  Date company informed

     18.07.2001

12)  Total holding following this notification

     7,540,000
               
              
13)  Total percentage holding of issued class following this notification

     5.89%

14)  Any additional information



15)  Name of contact and telephone number for queries

     SUSAN MINOCHA - 020 7495 8968

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

     Date of Notification ....19/07/2001.......



         NOTIFICATION POSITION REPORT FOR QUINTAIN EST & DEV ORD GBP0.25
                              AS AT 17 JULY 2001

Percentage holdings are calculated using an issued share capital of 127,907,082
ORD GBP 0.25 shares

                    Registered Holder      Holding      %

Prudential plc                           7,540,000   5.89      Total Notifiable 
                                                               Interest 
                    PRUCLT HSBC GIS NOM (UK)    
                    PAC AC               7,540,000         
                                                           

The Prudential                           7,540,000   5.89
 Assurance Company Limited        

                   PRUCLT HSBC GIS NOM (UK)    
                    PAC AC               7,540,000