Warner Estate Holdings PLC 21 July 2005 Warner Estate Holdings PLC ("the Company") Directors' Shareholding The Company has been advised that 50,000 Ordinary shares of 5p in the Company were recently transferred as a donation to a Charitable Trust in which both Mr P C T Warner (Chairman of the Company) and Mr R H Warner (a Non-executive Director) have a non-beneficial interest in. Following this transfer, Mr P C T Warner has a non-beneficial interest in 9,499,240 shares, representing 17.75 per cent. of the Company's issued ordinary share capital and Mr R H Warner has a non-beneficial interest in 5,723,095 shares, representing 10.7 per cent. of the Company's issued ordinary share capital. There has been no change in the beneficial interests of Mr P C T Warner and Mr R H Warner. Date: 21 July 2005. This information is provided by RNS The company news service from the London Stock Exchange