Director Shareholding

Slough Estates PLC
29 December 2000

                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY
Slough Estates plc

2)  NAME OF DIRECTOR
Sir Gordan Jewkes

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 or in respect of an non-beneficial interest
In respect of a director

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary
Acquisition under PEP reinvestment of divided income

7)  Number of shares/amount of
    stock acquired
18 Acquisition under PEP

8)   (N/A %)
    of issued Class

9)  Number of shares/amount
    of stock disposed

10)  ( N/A %)
    of issued Class

11) Class of security
Ordinary shares

12) Price per share
406.0p

13) Date of transaction
27.12.2000

14) Date company informed
27.12.2000

15) Total holding following this notification
3,056

16) Total percentage holding of issued class following this notification



     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant

18) Period during which or date on which exercisable

19) Total amount paid (if any) for grant of the option

20) Description of shares or debentures involved: class, number.

21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise

22) Total number of shares or debentures over which options held
    following this notification

23) Any additional information

24) Name of contact and telephone number for queries
R J M Green  01753 537171

25) Name and signature of authorised company official responsible for
    making this notification

   Date of Notification                      29.12.2000



                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY
Slough Estates

2)  NAME OF DIRECTOR
J A N Heawood

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 or in respect of an non-beneficial interest
In respect of a director

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)


6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary
Acquisition under PEP reinvestment of divided income

7)  Number of shares/amount of
    stock acquired

72 Acquisition under PEP


8)   (N/A%)
    of issued Class

9)  Number of shares/amount
    of stock disposed

10)  (N/A%)
    of issued Class

11) Class of security
Ordinary shares

12) Price per share
406.0p

13) Date of transaction
27.12.2000

14) Date company informed
27.12.2000

15) Total holding following this notification
13,311

16) Total percentage holding of issued class following this notification

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant

18) Period during which or date on which exercisable

19) Total amount paid (if any) for grant of the option

20) Description of shares or debentures involved: class, number.

21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise

22) Total number of shares or debentures over which options held
    following this notification

23) Any additional information

24) Name of contact and telephone number for queries
R J M Green    01753 537171

25) Name and signature of authorised company official responsible for
    making this notification

   Date of Notification                   29.12.2000



                        DEALINGS BY DIRECTORS


1)  NAME OF COMPANY
Slough Estates plc

2)  NAME OF DIRECTOR
R D Kingston

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 or in respect of an non-beneficial interest
In respect of a director

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

7)  Number of shares/amount of
    stock acquired
24 Acquisition under PEP

8)   (N/A%)
    of issued Class


9)  Number of shares/amount
    of stock disposed



10)  (N/A%)
    of issued Class


11) Class of security
Ordinary shares



12) Price per share
406.0p


13) Date of transaction
27.12.2000


14) Date company informed
27.12.2000


15) Total holding following this notification
19,349


16) Total percentage holding of issued class following this notification



     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries
R J M Green     01753 537171


25) Name and signature of authorised company official responsible for
    making this notification

   Date of Notification                  29.12.2000