Purchase of Own Securities

Quintain Estates & Development PLC
12 March 2003



Quintain Estates and Development Plc

12 March 2003

REPURCHASE OF SHARES



Quintain Estates and Development Plc announces that

on 12 March 2003 it purchased for cancellation 500,000

of its ordinary shares at a price of 218.5p per share.

Enquiries

Shona Beckett          Cazenove Co. Ltd     020 7588 2828

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