RNS Number:5246P
Warner Estate Holdings PLC
29 July 2005


                   Warner Estate Holdings PLC ("the Company")

                            Directors' Shareholding


Messrs. P C T Warner, P W Collins and R Moore, Directors of the Company, each
purchased 42 Ordinary shares, and Mr M J Stevens, a Director of the Company,
purchased 40 Ordinary shares in the Company today at 618p each under the
Company's All Employee Share Ownership Plan ("the AESOP"). Messrs. P C T Warner,
P W Collins and R Moore 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. Mr M J Stevens purchased 20 of his shares as Partnership Shares
and 20 shares were purchased 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         1,440          1,440           0             2,770    5,650
P W Collins          1,440          1,440          399            2,770    6,049
R Moore              1,440          1,440          399            2,770    6,049
M J Stevens          1,271          1,271          355            2,770    5,667

The Directors' other interests in the shares of the Company are unchanged.


Date: 29 July 2005




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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