Holding(s) in Company

Quintain Estates & Development PLC 25 October 2004 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 mentioned 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 HSDL Nominees Limited - 14 Chase Nominees a/c CMIG Fund 1105 - 229,500 Chase Nominees a.c CMIG Fund 2314 - 1,181,500 State Street Nominees Limited a/c 2GEE - 2,030,790 State Street Nominees Limited a/c 2GDU - 3,047,000 5. Number of shares / amount of stock acquired Not known - 1,199,152 since previous notification 6. Percentage of issued class 0.926% 7. Number of shares / amount of stock disposed - 8. Percentage of issued class - 9. Class of security Ordinary shares 10. Date of transaction Not known 11. Date company informed 22 October 2004 12. Total holding following this notification 6,488,804 13. Total percentage holding of issued class following this notification 5.01% 14. Any additional information 15. Name of contact and telephone number for queries Susan Minocha 020 7478 9446 16. Name and signature of authorised company official responsible for making this notification Susan Minocha, Assistant Company Secretary Date of notification 22 October 2004 The FSA does not give any express or implied warranty as to the accuracy of this document or material and does not accept any liability for error or omission. The FSA is not liable for any damages (including, without limitation, damages for loss of business or loss of profits) arising in contract, tort or otherwise from the use of or inability to use this document, or any material contained in it, or from any action or decision taken as a result of using this document or any such material. This information is provided by RNS The company news service from the London Stock Exchange

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