Director Shareholding-Replace

Great Portland Estates PLC
3 June 2005



The following amendment has been made to the 'Director Shareholding'
announcement released today at 11.25 under RNS No 1197N.

The first paragraph should have referred to Ordinary Shares of 12.5 pence each
and not 50 pence each as previously stated. 

All other details remain unchanged.

The full amended text is shown below.


Directors' shareholding amendment


The Company announces that on 25 May 2005 it granted the following awards under 
the Company Long-Term Incentive Plan in respect of 279,462 Ordinary Shares of 
12.5 pence each, as follows:
 
Director               Date of Grant      Number of Shares      Vesting Date

T. Courtauld           25.05.05           133,928                25.05.08
R. Noel                25.05.05           107,142                25.05.08
J. Whiteley            25.05.05            38,392                25.05.08

   
The awards are conditional upon criteria relating to the Company's performance 
over the three year period commencing on the date of grant.





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