Holding(s) in Company

Quintain Estates & Development PLC
18 February 2002

                  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.

      2,147,975

6)   ( 1.676%) 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

     18.02.2002


12)  Total holding following this notification


      15,192,682
         
13)  Total percentage holding of issued class following this notification


      11.858%
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 18 FEBRUARY 2002





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