Director Shareholding

Great Portland Estates PLC
7 August 2002


LETTER TO: RNS


I am writing to inform you that Mr. Richard Peskin, Chairman of this Company,
today purchased 500,000 shares in this Company at a price of 225p per share.

The total holding of Mr. Richard Peskin and his family, following this 
notification, is staled below:-
 

                Shares beneficially held          4,160,000 
                Shares non-beneficially held      1,382,000



FROM: COMPANY SECRETARY
      FOR GREAT PORTLAND ESTATES P.L.C.


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