Holding(s) in Company

Great Portland Estates PLC
18 October 2004


Letter to RNS

Today we have received notification that following the acquisition by the
Giraffe Limited Partnership of 41,484,528 shares on 13 October 2004, Morgan
Stanley as a group became interested in 42,638,637 shares, representing
approximately 26.24% of the issued share capital of the Company.


Letter from Great Portland Estates plc



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