Holding(s) in Company

Barratt Developments PLC
5 December 2002


                    Notification of Major Interest in Shares

Barratt Developments PLC were advised on 5th December, 2002 by Legal & General
that following the transfer out of management of 147,618 shares on 2nd December,
2002 they now hold the following number of shares in the company which are not
subject to a concert party and will be registered as follows:- 

Shares Held        Material Interest

1,117,228          HSBC Global Custody Nominee (UK) Ltd. A/C 775245
   49,782          HSBC Global Custody Nominee (UK) Ltd. A/C 130007
5,348,591          HSBC Global Custody Nominee (UK) Ltd. A/C 357206 
  278,400          HSBC Global Custody Nominee (UK) Ltd. A/C 866203
  218,390          HSBC Global Custody Nominee (UK) Ltd. A/C 360509
---------
7,012,391          Shares in total
---------

 
Number of shares transferred out         147,618

Percentage of issued class               0.06%

Class of security                        Ordinary shares of 10p each fully paid

Date of transfer out                     2nd December, 2002

Total percentage holding of issued 
class following this notification        2.95%

Contact name for queries                 Mr. Laurence Dent

Contact Tel. No.                         0191 286 6811

Date of notification                     5th December, 2002


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