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Wates C.Ldn.Props. (WLP)

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Thursday 30 November, 2000

Wates C.Ldn.Props.

Holding in Company

Wates City of London Properties PLC
30 November 2000


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Wates City of London Properties plc

2   Name of shareholder having a major interest:
Pillar Property PLC ('Pillar')

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:


4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
Pillar Property PLC (13,000,000 shares)
The Royal Bank of Scotland PLC (13,000,000 shares) - The Royal Bank of
Scotland holds the shares as trustee for Schroder Exempt Property Unit Trust

5   Number of shares/amount of stock acquired:
Information not given

6   Percentage of issued class:
Information not given

7   Number of shares/amount of stock disposed:
Information not given

8   Percentage of issued class:
Information not given

9   Class of security:
Ordinary shares

10  Date of transaction:
Information not given

11  Date company informed:
29 November 2000

12  Total holding following this notification:
26,000,000

13  Total percentage holding of issued class following this notification:
9.82%

14  Contact name for queries:
Michael A Wilson

15 Contact telephone number:
020 7588 2888

16  Name of company official responsible for making notification:
Michael A Wilson, Company Secretary

17  Date of notification:
30 November 2000




Additional Information:




                                                                                
                

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