Warner Estate Holdings PLC 20 January 2006 Warner Estate Holdings PLC ("the Company") Directors' Shareholding Mr P C T Warner, Chairman of the Company and Mr R H Warner, a Non-executive Director of the Company, have notified the Company today that Sir Henry Warner BART WFRT Acct and Brettenham Trust Limited, a shareholding that they both have a non beneficial interest in, has acquired 715 Ordinary shares of 5p in the Company today at 700p. Following the above transaction, Mr P C T Warner has a non beneficial interest in 9,449,955 Ordinary shares of 5p in the Company, representing 17.66% of the issued share capital of the Company and a beneficial holding of 895,899 Ordinary shares of 5p in the Company, representing 1.67% of the issued share capital of the Company. Following the above transaction, Mr R H Warner has a non beneficial interest in 5,673,810 Ordinary shares of 5p in the Company, representing 10.6% of the issued share capital of the Company (which is included in Mr P C T Warner's non beneficial interest) and a beneficial holding of 1,090,000 Ordinary shares of 5p in the Company, representing 2.04% of the issued share capital of the Company. Date: 20 January 2006. This information is provided by RNS The company news service from the London Stock Exchange