Director Shareholding

Great Portland Estates PLC
17 July 2002


LETTER TO RNS 


I am writing to inform you that Mr. Richard Peskin, Chairman of this Company,
today purchased 350,000 shares in this Company at a price of 221.25p per share.

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

     Shares beneficially held        3,660,000 
     Shares non-beneficially held    1,382,000



FROM GREAT PORTLAND ESTATES P.L.C.
    


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