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Quintain Estates (QED)

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Thursday 29 May, 2003

Quintain Estates

Holding in Company-Replacemnt

Quintain Estates & Development PLC
29 May 2003

The following replaces the Holding(s) in Company announcement released 29 May
2003 at 15:54 under RNS number 6996L.   In section 8 the percentage of issued
class should read 0.86% and not 0.0086%.

All other details remain unchanged, and the full amended text appears below.

                                  SCHEDULE 10


1. Name of company


2. Name of shareholder having a major interest


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

Notification is in respect of the shareholder named 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

Trefick Limited

5. Number of shares / amount of stock acquired


6. Percentage of issued class


7. Number of shares / amount of stock disposed

1,100,000 ordinary shares

8. Percentage of issued class


9. Class of security

Ordinary Shares

10. Date of transaction

28 May 2003

11. Date company informed

29 May 2003

12. Total holding following this notification


13. Total percentage holding of issued class following this notification


14. Any additional information

15. Name of contact and telephone number for queries

Susan Minocha  020 7495 8968

16. Name and signature of authorised company official responsible for making
this notification

Susan Minocha, Assistant Company Secretary

17. Date of notification

29 May 2003

The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.

                      This information is provided by RNS
            The company news service from the London Stock Exchange