Director/PDMR Shareholding

Crest Nicholson PLC
03 March 2006

Crest Nicholson Plc advises that on 2 March 2006 the following directors and
PDMRs have been given awards of ordinary shares in the Company under the Crest
Nicholson Long Term Share Incentive Plan:

Director                No. of ordinary shares

S Stone                 44,696

D.P. Darby              27,196

P Callcutt              27,196


PDMR

N.I. Hughes             15,010

S. Usher                18,828


Performance period is 1 November 2005 to 31 October 2008.


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