Director Shareholding

Wynnstay Properties PLC
12 July 2001

WYNNSTAY PROPERTIES PLC

12 JULY 2001





DEALINGS BY DIRECTORS



1)    NAME OF COMPANY

      WYNNSTAY PROPERTIES PLC



2)    NAME OF DIRECTOR

      MR PGH COLLINS



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

      IN RESPECT OF DIRECTOR'S SPOUSE



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

PHILIP GEOFFREY HUGH COLLINS - 232,705 SHARES

DIANA ROSEMARY COLLINS - 47,431 SHARES

PHILIP GEOFFREY HUGH COLLINS AND DIANA ROSEMARY COLLINS AMC A/C - 1,600 SHARES

PHILIP GEOFFREY HUGH COLLINS AND DIANA ROSEMARY COLLINS NPC A/C - 1,600 SHARES



5)    Please state whether notification relates to a person(s) connected with
the director named in 2 above and identify the connected person(s)

      SEE 3



6)    Please state the nature of the transaction.  For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary

PURCHASE



7)    Number of shares/amount of stock acquired

      22,595



8)    0.72 %

      of issued class



9)    Number of shares/amount of stock disposed

      N/A



10)   (N/A %)

      of issued class



11)   Class of security

      25p ORDINARY SHARES



12)   Price per share

      155p



13)   Date of transaction

      12 JULY 2001



14)   Date company informed

      12 JULY 2001



15)   Total holding following this notification

      283,336 SHARES



16)   Total percentage holding of issued class following this notification

      8.98 %



IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE COMPLETE THE
FOLLOWING BOXES.



17)   Date of grant

      N/A



18)   Period during which or date on which exercisable

      N/A



19)   Total amount paid (if any) for grant of the option

      N/A



20)   Description of shares or debentures involved: class, number

      N/A



21)   Exercise price (if fixed at time of grant) or indication that grant is
to be fixed at time of exercise

      N/A



22)   Total number of shares or debentures over which options held following
this notification

      N/A



23)   Any additional information





24)   Name of contact and telephone number for queries

      PETER KIRKLAND          020 7626 3057



25)   Name and signature of authorised company official responsible for making
this notification

      PETER KIRKLAND



Date of notification

12 JULY 2001





END