Directors' Notification of Dealing in Shares

Slough Estates PLC
12 April 2000


We have just been advised by the Trustees of the Slough Estates plc 1994
Employee Benefit Trust (the 'Trust') that 145,257 shares were released to
participants under the terms of the Company's Long Term Incentive Plan.  The
Trustees sold on 10 April 2000 a total of 41,607 ordinary shares, at a price of
343p per ordinary share to meet the tax liabilities of some of the participants.
 Details of the number of ordinary shares released to each director are set out
below:

Name                     No. of Shares        No. of Shares         Net
                            Released              Sold

Sir Nigel Mobbs               37,195                 -           37,195  
D R Wilson                    25,479            10,221           15,258
R D Kingston                  10,452             4,192            6,260
D E F Simons                  10,191             4,088            6,103
M D Lees                      12,807             5,137            7,670
J A N Heawood                 10,452             4,192            6,260


Each Director's total shareholding is now:

                Name                             No. of Shares

                Sir Nigel Mobbs                        484,725                  
              D R Wilson                             114,222
                R D Kingston                            23,601
                D E F Simons                            89,230
                M D Lees                                26,648
                J A N Heawood                           15,293


The holding of the Trustees in ordinary shares following the release of ordinary
shares is 454,072 in which the following directors are all interested in as
potential beneficiaries under the terms of the Trust.


                Name                            

                Sir Nigel Mobbs          up to a maximum of 96,177              
              D R Wilson               up to a maximum of 86,474             
                R D Kingston             up to a maximum of 39,315              
              D E F Simons             up to a maximum of 33,760
                J A N Heawood            up to a maximum of 37,916             
                M D Lees                 up to a maximum of 48,518