Holding(s) in Company

Quintain Estates & Development PLC 21 August 2007 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: Caledonia Investments plc 4. Full name of shareholder(s) (if different from 3) : ................. 5. Date of transaction (and date on which the threshold is crossed or reached if different): 20 August 2007 6. Date on which issuer notified: 20 August 2007 7. Threshold(s) that is/are crossed or reached: 8% 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 GB0007184442 10,262,523 10,262,523 Ordinary shares of 25p 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 GB0007184442 10,512,523 10,512,523 8.1% Ordinary shares of 25p 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) Total (A+B) Number of voting rights % of voting rights 10,512,523 8.1% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable : ................. Proxy Voting: 10. Name of proxy holder: ................. 11. Number of voting rights proxy holder will cease to hold: ................. 12. Date on which proxy holder will cease to hold voting rights: ................. 13. Additional information: ................. 14. Contact name: Sue Dixon................. 15. Contact telephone number: 0207 478 9418................. This information is provided by RNS The company news service from the London Stock Exchange

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