Director/PDMR Shareholding

Crest Nicholson PLC
16 January 2006

On 16 January 2006, the following directors purchased shares under the Company's
Share Incentive Plan:


Director      Shares purchased  Matching Shares to Director

P. Callcutt            28            14

D.P. Darby             28            14

S. Stone               28            14

The shares were purchased at a price of 452.59p and will normally vest after 5
years.




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