Holding in Company

Great Portland Estates PLC
23 July 2001


Letter to Great Portland Estates Plc
17 July 2001

Great Portland Estates Ord GBP0.50 shares

In terms of Part V of the Companies Act 1989, Section 134, I have to inform you
that on 16/07/01, Standard Life Investments purchased 400,000 shares on behalf
of Standard Life Group, this increased the total held as a material interest to
6,470,123 shares being 3.023% of the issued stock of that class.

          No.of shares held                         Registered Name

              6,470,123                        Stanlife Nominees Limited

Letter from Standard Life Investments