Warner Estate Holdings PLC 31 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 42 Ordinary shares in the Company today at 610p each under the Company's All Employee Share Ownership Plan ("the AESOP"). Each Director purchased 21 of their shares as Partnership Shares and 21 shares each were purchased by the Company as Matching Shares under the rules of 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 for a minimum period of five 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 1,500 1,500 0 2,770 5,770 P W Collins 1,500 1,500 491 2,770 6,261 R Moore 1,500 1,500 491 2,770 6,261 M J Stevens 1,332 1,332 441 2,770 5,875 The Directors' other interests in the shares of the Company are unchanged. Date: 31 October 2005 This information is provided by RNS The company news service from the London Stock Exchange