Holding in Company

Hammerson PLC
19 April 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     HAMMERSON PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     AEGON UK PLC

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

      AS IN 2 ABOVE

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

     ROYAL BANK OF SCOTLAND TRUST NOMINEES LIMITED - 9,441,000

     CHASE NOMINEES LIMITED - 2,005,383

5)   Number of shares/amount of stock acquired.

     250,000

6)   (0.09%) of issued Class

7)   Number of shares/amount of stock disposed

      N/A

8)   ( N/A %) of issued Class

9)   Class of security

      ORDINARY SHARES OF 25p EACH

10)  Date of transaction

     NOT STATED

11)  Date company informed

      18/4/01

12)  Total holding following this notification

      11,446,383
               
              
13)  Total percentage holding of issued class following this notification

      4.07%

14)  Any additional information

      

15)  Name of contact and telephone number for queries

     NICOLA CHURCHILL
     020 7887 1823

16)  Name and signature of authorised company official responsible for 
     making this notification    SIMON MELLISS
                                 FINANCE DIRECTOR

     Date of Notification ...19 APRIL 2001.....