Director Shareholding

Great Portland Estates PLC
15 September 2004


To: RNS


I am writing to inform you that Mr Richard Peskin, in his capacity as Trustee 
for the Basil Samuel Charitable Trust, has sold a non-beneficial holding of 
150,000 ordinary shares, representing 0.09% of the Company's issued share 
capital at £284.0167 per share.

The total beneficial and non-beneficial shareholding of Mr Peskin, following 
this notification, representing 1.59% of the Company's issued share capital, is 
stated below.
 
Shares beneficially held              1,660,000
Shares non-beneficially held            922,000



From: Great Portland Estates PLC


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