Holding in Company

Great Portland Estates PLC
31 October 2000



LETTER TO: COMPANY ANNOUNCEMENTS OFFICE

I have today received notification that Capital & Counties hold 11,010,000
ordinary shares of 50p each in this Company, representing 5.15% of the issued
share capital of the Company.

LETTER FROM: GREAT PORTLAND ESTATES PLC



LETTER TO: GREAT PORTLAND ESTATES PLC

DISCLOSURE OF INTEREST IN SHARES OF GREAT PORTLAND ESTATES P.L.C 
(the 'Company')

As required under section 198 of the Companies Act 1985 ('the Act') notice is
hereby given that, following a purchase of shares on Friday 27th October 2000,
we have by virtue of section 208(4)(b) of the Act, an interest in 11,010,000
ordinary shares of 50p each in the capital of the Company, which are registered
as follows:

Registered Holder                            Number of Shares

HSBC Global Custody Nominees UK Limited         5,658,000
A/c 766831

T&C Nominees Limited                            5,352,000


LETTER FROM: CAPITAL & COUNTIES