Holding(s) in Company

Quintain Estates & Development PLC
19 July 2007


For filings with the FSA include the annex

For filings with issuer exclude the annex



TR-1: Notifications of Major Interests in Shares



1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:



Quintain Estates and Development PLC



2. Reason for the notification

(please place an X inside the appropriate bracket/s):



An acquisition or disposal of voting rights: ( X )



An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: (   )



An event changing the breakdown of voting rights: (   )



Other (please specify) : (   )



3. Full name of person(s) subject to notification obligation:



HBOS plc



4. Full name of shareholder(s) (if different from 3) :



See section 9



5. Date of transaction (and date on which the threshold is crossed or reached if
different):



18 July 2007



6. Date on which issuer notified:



19 July 2007



7. Threshold(s) that is/are crossed or reached:



14%


8. Notified Details:



A: Voting rights attached to shares


Class/type of shares if possible              Situation previous to the triggering transaction
use ISIN CODE
                                  Number of shares                   Number of voting rights


Ordinary 25p                      17,525,389                         17,525,389

GB0007184442




                                                 Resulting situation after the triggering transaction
Class/type of shares if       Number of shares          Number of voting rights               % of voting rights
possible use ISIN CODE
                                                        Direct         Indirect               Direct       Indirect


Ordinary 25p                  17,905,493                17,905,493     424,450                13.820%      0.328%

GB0007184442



B: Financial Instruments

Resulting situation after the triggering transaction


Type of         Expiration date      Exercise/conversion       No. of voting rights that   % of voting rights
financial                            period/date               may be acquired (if the
instrument                                                     instrument exercised/
                                                               converted)

N/A



Total (A+B)
Number of voting rights        % of voting rights


18,329,943                     14.148%







9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable :



The direct holder of voting rights in the issuer relating to 15,415,027 shares
(11.899%) is Gabriella Investments Limited (GIL). Quill Securities Limited (QSL)
has now acquired GIL from Rock Investment Holdings plc, therefore GIL is a
controlled undertaking of QSL. QSL is therefore an indirect holder of voting
rights in the issuer pursuant to DTR 5.2.1R(a). QSL is also now the direct
holder of 2,274,554 voting rights in the issuer.



QSL is a controlled undertaking of Uberior Ventures Limited (UVL).  UVL is a
controlled undertaking of Uberior Investments Plc (UIP).  UIP is a controlled
undertaking of The Governor and Company of the Bank of Scotland (BOS).  BOS is a
controlled undertaking of HBOS plc.



HBOS plc, through other subsidiary companies, has a direct interest in the
voting rights of a further 215,912 shares (0.167%) and an indirect interest in
the voting rights of a further 424,450 shares (0.328%), giving HBOS plc and its
subsidiaries a direct and indirect interest in the voting rights of 18,329,943
shares (14.148%).



Proxy Voting:



10. Name of proxy holder:



N/A



11. Number of voting rights proxy holder will cease to hold:



N/A



12. Date on which proxy holder will cease to hold voting rights:



N/A



13. Additional information:



Notification using the total voting rights figure of 129,558,710



14. Contact name:



Sue Dixon - Company Secretary



15. Contact telephone number:



020 7478 9418



For notes on how to complete form TR-1 please see the FSA website.




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