Holding(s) in Company

Quintain Estates & Development PLC
09 December 2003


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company

QUINTAIN ESTATES AND DEVELOPMENT PLC


2. Name of shareholder having a major interest

HBOS 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 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


HSBC Global Custody Nominees (UK) Ltd


5. Number of shares / amount of stock acquired

Not known


6. Percentage of issued class

Not known


7. Number of shares / amount of stock disposed

Not known


8. Percentage of issued class

Not known


9. Class of security

Ordinary shares


10. Date of transaction

Not known


11. Date company informed

8 December 2003


12. Total holding following this notification

5,077,790 shares


13. Total percentage holding of issued class following this notification

3.927%


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

Susan Minocha, Assistant Company Secretary


Date of notification


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