Purchase of Own Securities

Quintain Estates & Development PLC
29 August 2002


Quintain Estates and Development Plc

29 August 2002

REPURCHASE OF SHARES




Quintain Estates and Development Plc announces that

on 29 August 2002 it purchased for cancellation 66,000

of its ordinary shares at a price of 223p per share.



END.


                      This information is provided by RNS
            The company news service from the London Stock Exchange