Additional Listing

Crest Nicholson PLC
26 July 2002




Crest Nicholson plc announces that application has been made to the London Stock
Exchange and UK Listing Authority for the admission to the Official List of a
Block Listing of 900,000 ordinary shares of 10p each. These shares, which rank
pari passu with the existing ordinary shares in issue, will be allotted from
time to time in accordance with the exercise of options under the Crest
Nicholson 1994 Group Executive Share Option Scheme.



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