Holding in Company

Barratt Developments PLC
22 May 2001


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
BARRATT DEVELOPMENTS PLC

2   Name of shareholder having a major interest:
CGNU PLC

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:
CGNU PLC ON BEHALF OF MORLEY FUND MANAGEMENT LIMITED (A SUBSIDIARY OF CGNU
PLC)

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
    4,200 shares - BNY (Nominees) Ltd.
1,452,319 shares - BNY Norwich Union Nominees Ltd.
2,533,300 shares - Chase GA Group Nominees Ltd.
3,262,475 shares - CUIM Nominee Limited

7,252,294 shares in total

5   Number of shares/amount of stock acquired:
NOT ADVISED

6   Percentage of issued class:
NOT ADVISED

7   Number of shares/amount of stock disposed:
NOT APPLICABLE

8   Percentage of issued class:
NOT APPLICABLE

9   Class of security:
ORDINARY SHARES OF 10P EACH FULLY PAID

10  Date of transaction:
HOLDING SINCE LAST NOTIFICATION ON 18TH OCTOBER, 1999

11  Date company informed:
22ND MAY, 2001

12  Total holding following this notification:
7,252,294 SHARES

13  Total percentage holding of issued class following this notification:
3.09%

14  Contact name for queries:
MR. LAURENCE DENT

15 Contact telephone number:
0191 2866811

16  Name of company official responsible for making notification:
MR. LAURENCE DENT

17  Date of notification:
22ND MAY, 2001


Additional Information: