Director Shareholding

Hammerson PLC
18 March 2003


          Notification of Interests of Directors and Connected Persons

Hammerson plc

Mr R J G Richards, a director of Hammerson plc, exercised options on 18 March
2003 over 4,000 ordinary 25p shares at 345p per share and retained the resultant
shares.

Following this exercise Mr Richards holds a total of 6,051 ordinary shares of
25p each and options over a further 149,008 ordinary 25p shares.


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