Holding(s) in Company

TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES

(1) Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

REAL ESTATE INVESTORS PLC

(2) Reason for the notification (please state Yes/No):

An acquisition or disposal of voting rights (YES)

An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: (NO)

An event changing the breakdown of voting rights: (NO)

Other (please specify): (NO)

(3) Full name of person(s) subject to the notification obligation:

THE GOLDMAN SACHS GROUP, INC

(4) Full name of shareholder(s) (if different from (3)):

GOLDMAN SACHS INTERNATIONAL

(5) Date of the transaction and date on which the threshold is crossed or
reached (if different):

22 JUNE 2007

(6) Date on which issuer notified:

26 JUNE 2007

(7) Threshold that is crossed or reached:

7%

(8) Notified details:

A: Voting rights attached to shares

Class/type     Situation               Resulting situation after the
of shares      previous to the         Triggering transaction
using the      Triggering
ISIN code      transaction
               Number      Number      Number     Number of voting      % of voting rights
               of Shares   of Voting   of Shares  Rights
                                       Direct     Direct     Indirect   Direct  Indirect

ORDINARY       23,937,900  7.03%                  22,137,900            6.50%
SHARES
GB00B014B855

B: Financial instruments

N/A

Total (A+B)

Number of voting rights       % of voting rights
22,137,900                    6.50%


(9) Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

THE INTEREST IN 22,137,900 SHARES AROSE FROM A BENEFICIAL INTEREST HELD BY
GOLDMAN SACHS INTERNATIONAL, A WHOLLY OWNED INDIRECT SUBSIDIARY OF GS INC.
THESE SHARES ARE, OR WILL BE, REGISTERED AT CREST IN ACCOUNT CREPTEMP.

Proxy Voting:

(10) Name of the proxy holder:

N/A

(11) Number of voting rights proxy holder will cease/acquire to hold:

N/A

(12) Date on which proxy holder will cease/acquire to holding voting rights:

N/A

(13) Additional information:

GENERAL EMAIL CONTACT: [e-mail]

(14) Contact name:

JOANNE WALL / SEAN ROGERS

(15) Contact number:

44(20)7051-1704 / 44(20)7552-9205