Holding in Company

Crest Nicholson PLC
8 November 2001





Crest Nicholson plc has been advised on 7 November 2001 that Legal & General
Investment Management Limited holds 4,405,867 ordinary shares in the company
representing 4.04% of its issued ordinary share capital.



The shares are registered as follows:


    No of Shares        Registered Holder


         812,752        HSBC Global Custody Nominee (UK) Ltd a/c 775245
         365,000        HSBC Global Custody Nominee (UK) Ltd a/c 754612
          15,000        HSBC Global Custody Nominee (UK) Ltd a/c 766793
          42,375        HSBC Global Custody Nominee (UK) Ltd a/c 360509
       2,945,740        HSBC Global Custody Nominee (UK) Ltd a/c 357206
         146,000        HSBC Global Custody Nominee (UK) Ltd a/c 747381
          79,000        HSBC Global Custody Nominee (UK) Ltd a/c 866203