Director Shareholding

Great Portland Estates PLC
12 December 2002


Baring Trustees (Guernsey) Limited as Trustee of the Great Portland Estates 
P.L.C. LTIP Employee Share Trust acquired 747,765 Ordinary Shares in the Company 
on 12 December 2002 at 221.279p per share.

All executive directors and certain employees of the Company are beneficiaries
of the Great Portland Estates P.L.C. LTIP Employee Share Trust and the shares
have been acquired for use under the Company's Long-Term Incentive Plan.


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