RNW/GBR/
RNS Number:3756B
Hammerson PLC
19 September 2002

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

HAMMERSON PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

BARCLAYS PLC

3)   Please state whether notification indicates that it is in respect of
     holding of the Shareholder named in 2 above or in respect of a
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

AS IN 2) ABOVE

4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them.


5)   Number of shares/amount of stock acquired.

N/A

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

NOT NOTIFIED

8)   ( N/A %) of issued Class

NOT NOTIFIED

9)   Class of security

ORDINARY 25P SHARES

10)  Date of transaction

16/09/02

11)  Date company informed

19/09/02

12)  Total holding following this notification

LESS THAN 3%

13)  Total percentage holding of issued class following this notification

LESS THAN 3%

14)  Any additional information

FOLLOWING THIS DISPOSAL, BARCLAYS PLC NO LONGER HAVE A NOTIFIABLE INTEREST IN
THE SHARES OF THIS COMPANY

15)  Name of contact and telephone number for queries

NICOLA CHURCHILL     020 7887 1823

16)  Name and signature of authorised company official responsible for
     making this notification

     Date of Notification 19 SEPTEMBER 2002..............


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

END

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