Deferred Share Award

Crest Nicholson PLC
06 February 2003


Award of Ordinary Shares under the Crest Nicholson Deferred Share Bonus Plan.


Director's Name     Normal Vesting Date      No. of shares     Date award made
                                             Awarded

S Stone             6 February 2006          52,811            6 February 2003
J Callcutt          6 February 2006          39,578            6 February 2003
P Callcutt          6 February 2006          18,215            6 February 2003
J C Littler         6 February 2006          22,799            6 February 2003



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