RNS Number:8963F
Warner Estate Holdings PLC
01 December 2004



                   Warner Estate Holdings PLC ("the Company")

                      Significant shareholder notification


The Company was notified today, in accordance with the provisions of Section 198
of the Companies Act 1985, that AXA S.A., following a disposal of shares, now
has a beneficial holding of 2,380,000 ordinary shares in the Company. This
represents 4.67% of the issued ordinary share capital of the Company.



Date: 1 December 2004.




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

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