Directors' Dealings

BARRATT DEVELOPMENTS PLC 23 September 1999 Schedule 11 - Notification of interests of Directors and Connected Persons 1 Name of company: BARRATT DEVELOPMENTS PLC 2 Name of director: MR. C.A. DEARLOVE 3 Please state whether notification indicates that it is in respect of holding of the director named in 2 above or holding of that person's spouse or children under the age of 18 or in respect of a non- beneficial interest: HOLDING OF SPOUSE 4 Name of registered holder(s) and, if more than one holder, the number of shares held by each of them (if notified): MRS. A. DEARLOVE 5 Please state whether notification relates to a person(s) connected with the director named in 2 above and identify the connected person(s): RELATES TO A SHARE PURCHASE IN NAME OF MRS. A. DEARLOVE 6 Please state the nature of the transaction. For PEP transactions please indicate whether general/single co PEP and if discretionary/non discretionary: PURCHASE BY MRS. A. DERALOVE OF 4,000 SHARES 7 Number of shares/amount of stock acquired: 4,000 SHARES 8 Percentage of issued class: 0.0017% 9 Number of shares/amount of stock disposed: NOT APPLICABLE 10 Percentage of issued class: NOT APPLICABLE 11 Class of security: ORDINARY SHARES OF 10p EACH FULLY PAID 12 Price per share: 251p 13 Date of transaction: 22ND SEPTEMBER, 1999 14 Date company informed: 23RD SEPTEMBER, 1999 15 Total holding following this notification: 17,982 SHARES 16 Total percentage holding of issued class following this notification: 0.0077% If a director has been granted options by the company, please complete the following fields: 17 Date of grant: SEE ADDITIONAL INFORMATION 18 Period during which or date on which exercisable: SEE ADDITIONAL INFORMATION 19 Total amount paid (if any) for grant of the option: NIL IN EACH CASE 20 Description of shares or debentures involved: class, number: ORDINARY SHARES OF 10p EACH 21 Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise: SEE ADDITIONAL INFORMATION 22 Total number of shares or debentures over which options held following this notification: 466,060 SHARES 23 Contact name for queries: MR. F. BROWN 24 Contact telephone number: 0191 2866811 25 Name of company official responsible for making notification: MR. F. BROWN Additional Information: SECTION 17 - 'DATE OF GRANT' 28.09.93 - 105,530 SHARES 27.09.94 - 105,530 SHARES 26.04.96 - 65,000 SHARES 11.12.97 - 120,000 SHARES 15.10.98 - 70,000 SHARES SECTION 18 - 'PERIOD DURING WHICH OR DATE ON WHICH EXERCISABLE' 105,530 SHARES - 7 YEARS ENDING 28.09.03 105,530 SHARES - 7 YEARS ENDING 27.09.04 65,000 SHARES - 7 YEARS ENDING 26.04.06 120,000 SHARES - 7 YEARS ENDING 11.12.07 70,000 SHARES - 7 YEARS ENDING 15.10.08 SECTION 21 - 'EXERCISE PRICE (IF FIXED AT TIME OF GRANT), ETC. 105,530 SHARES - 180p 105,530 SHARES - 171p 65,000 SHARES - 271p 120,000 SHARES - 222p 70,000 SHARES - 205p
UK 100

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