Holding(s) in Company

Great Portland Estates PLC
29 January 2003


Letter to RNS

Today, we have received notification that Liberty International PLC holds
41,786,947 ordinary shares of 50p each in this Company representing 20.58% of
the issued share capital of the Company.

A copy of its notice is shown below

From Great Portland Estates PLC

LETTER TO GREAT PORTLAND ESTATES PLC

Disclosure of interest in shares of Great Portland Estate's 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 Tuesday, 28 January 2003,
we have by virtue of section 208 (4) (b) of the Act, an interest in 41,786,947  
shares of 50p each in the capital of the Company, which are or will be 
registered as follows:

Registered Holder                             Number of shares

HSBC Global Custody Nominees UK Limited 
A/c 882555                                       41,786,947

FROM LIBERTY INTERNATIONAL PLC


                      This information is provided by RNS
            The company news service from the London Stock Exchange