Holding in Company

Slough Estates PLC 21 March 2001 By fax received today the Company has been notified by Legal & General Investment Management Limited (Legal & General) that Legal & General have decreased their interest to 12,332,374 ordinary shares of 25 pence each in the Company, representing a current interest of 2.98% in the issued share capital of the Company. We are advised that this aggregate holding of 2.98% is as follows: HSBC Global Custody Nominee (UK) Ltd a/c 886603 1,371,753 HSBC Global Custody Nominee (UK) Ltd a/c 775245 2,429,791 HSBC Global Custody Nominee (UK) Ltd a/c 360509 221,566 HSBC Global Custody Nominee (UK) Ltd a/c 357206 7,998,264 HSBC Global Custody Nominee (UK) Ltd a/c 866203 311,000 Total: 12,332,374

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