Holding in Company

Quintain Estates & Development PLC 12 October 2001 DEALINGS BY SUBSTANTIAL SHAREHOLDERS 1) NAME OF COMPANY QUINTAIN ESTATES & DEVELOPMENT PLC 2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST TREFICK LIMITED 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. 5) Number of shares/amount of stock acquired. 3,725,000 6) (2.93 %) 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 12.10.01 12) Total holding following this notification 11,675,000 13) Total percentage holding of issued class following this notification 9.18% 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 ....12 OCTOBER 2001....................

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