Director/PDMR Shareholding

Crest Nicholson PLC
16 October 2006

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


Director               Shares purchased       Matching Shares to 
                                              Directors/PDMRs

P. Callcutt            23                     11

D.P. Darby             23                     11

S. Stone               23                     11


PDMR

N.I. Hughes           23                      11

N.C. Tinker           23                      11

The shares were purchased at a price of 558.93p and will normally vest after 5
years.




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