Director/PDMR Shareholding

Crest Nicholson PLC
15 November 2006

On 14 November 2006, the following directors/PDMRs purchased shares under the
Company's Share Incentive Plan:


Director              Shares purchased      Matching Shares to 
                                            Directors/PDMRs


P. Callcutt          20                     10

D.P. Darby           20                     10

S. Stone             20                     10



PDMR

N.I. Hughes          20                     10

N.C. Tinker          20                     10


The shares were purchased at a price of 613.99p and will normally vest after 5
years.




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