Holding(s) in Company

Hammerson PLC
16 July 2002


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     HAMMERSON PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     PRUDENTIAL PLC AND SUBSIDIARY COMPANIES

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

     AS IN 2) ABOVE

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

     PRUCLT HSBC (GIS) NOM UK PAC A/C  6,776,007
     PRUCLT HSBC (GIS) NOM UK PPL A/C  1,804,192
     ROY NOMS LTD 578060                 252,525
     ROY NOMS LTD 578087                 118,000
     ROY NOMS LTD 578176                 105,000
                                       ---------
                                       9,055,724

5)   Number of shares/amount of stock acquired.

     NOT STATED

6)   ( NOT STATED %) of issued Class

7)   Number of shares/amount of stock disposed

     NOT APPLICABLE

8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY SHARES OF 25p EACH

10)  Date of transaction

     NOT STATED

11)  Date company informed

     16 JULY 2002

12)  Total holding following this notification

     9,055,724
               
13)  Total percentage holding of issued class following this notification

     3.22%

14)  Any additional information



15)  Name of contact and telephone number for queries

     STUART HAYDON
     TEL: [phone]

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification   16 JULY 2002


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