Director/PDMR Shareholding

Crest Nicholson PLC
14 November 2005



On 14 November 2005, the following directors purchased shares under the
Company's Share Incentive Plan:




Director                    Shares purchased       Matching Shares to 
                                                   Director

P. Callcutt                   31                    15

D.P. Darby                    31                    15

S. Stone                      31                    15

The shares were purchased at a price of 406.25p and will normally vest after 5
years.





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