Director Shareholding

Great Portland Estates PLC
24 September 2002


Letter to RNS

I am writing to inform you that Mr. Richard Peskin, Chairman of this Company, 
today purchased 200,000 shares in this Company at a price of 227p per share.

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

     Shares beneficially held        4,360,000 
     Shares non-beneficially held    1,382,000


From: Company Secretary
      For GREAT PORTLAND ESTATES P.L.C.

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