Holding(s) in Company

Barratt Developments PLC 10 November 2006 Barratt Developments PLC ('the Company') announce that pursuant to the terms contained in the Service Agreement dated 27 June 2006 entered into between the Company and its new Chief Executive Mr Mark Clare ('the Executive') on 9 November 2006 36,659 ordinary shares of the Company were purchased (at the cost of the Company) for the Executive at a price of £10.509407p per share in order to compensate the Executive for the benefits foregone when he joined the Company which would have otherwise become payable under his previous employer's annual bonus long-term incentive and share option schemes for the year ending 31st December 2006 , based on the estimated fair value of those benefits. On joining the Company Mr Clare acquired from his own resources 53,306 shares in the Company which he continues to hold and the purchase of shares being announced today will increase his total holding of shares in the Company to 89,965 shares. 10th November 2006 This information is provided by RNS The company news service from the London Stock Exchange
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