Purchase of Own Securities

Quintain Estates & Development PLC
25 July 2000


REPURCHASE OF SHARES


Quintain Estates and Development Plc announces that on 25 July
2000 it purchased for cancellation 1,240,000 of its ordinary shares
at a price of 160p per ordinary share from Cazenove & Co.

Enquiries

Shona Beckett    Cazenove & Co.    020 7588 2828