Holding(s) in Company

Crest Nicholson PLC
30 January 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

Crest Nicholson Plc


2. Name of shareholder having a major interest

HBOS plc


3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18

HBOS plc


4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

HSDL Nominees Ltd - 2

Morgan Nominees Ltd HPFO - 20,995

Morgan Nominees Ltd HXPEN - 26,280

Morgan Nominees Ltd HPBA - 26,516

Morgan Nominees Ltd HLFO - 299,266

Morgan Nominees Ltd HLBA - 377,156

Morgan Nominees Ltd HXLFE - 426,027

Chase Nominees a/c CMIG - 928,400

Chase Nominees a/c CMIG - 1,901,820


5. Number of shares / amount of stock acquired

-


6. Percentage of issued class

-


7. Number of shares / amount of stock disposed

-


8. Percentage of issued class

-


9. Class of security

10p Ordinary Shares


10. Date of transaction

-

11. Date company informed

30.01.04


12. Total holding following this notification

4,006,462


13. Total percentage holding of issued class following this notification

3.60%


14. Any additional information

-

15. Name of contact and telephone number for queries

W.G. Hague 01932 847272


16. Name and signature of authorised company official responsible for making
this notification

W.G. Hague

Date of notification

30.01.04

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