Warner Estate Holdings PLC 03 October 2005 Warner Estate Holdings PLC ("the Company") Directors' Shareholding Messrs. P C T Warner, P W Collins, R Moore and M J Stevens, Directors of the Company, each purchased 40 Ordinary shares in the Company on 30 September 2005 at 625p each under the Company's All Employee Share Ownership Plan ("the AESOP "). Each Director purchased 20 of their shares as Partnership Shares and 20 shares each were purchased by the Company as Matching Shares under the rules of the AESOP. Messrs P W Collins and R Moore also each purchased 92 Ordinary shares and Mr M J Stevens also purchased 86 Ordinary shares in the Company today at 625p each in respect of Dividend Shares under the AESOP. All shares were purchased on their behalf by Capita IRG Trustees Limited, the Trustee of the AESOP. The Trustee will hold the Shares in Trust, with the Matching shares being held for a minimum period of five years following the date of the purchase and the Dividend Shares being held for a minimum period of three years following the date of the purchase. The shares purchased represent less than 0.001 per cent. of the Company's issued ordinary share capital. The Directors' total interests under the AESOP are as follows:- No. of No. of No. of Dividend No. of Free Partnership Matching Shares Shares Shares Shares Total P C T Warner 1,479 1,479 0 2,770 5,728 P W Collins 1,479 1,479 491 2,770 6,219 R Moore 1,479 1,479 491 2,770 6,219 M J Stevens 1,311 1,311 441 2,770 5,833 The Directors' other interests in the shares of the Company are unchanged. Date: 3 October 2005 This information is provided by RNS The company news service from the London Stock Exchange