RNS Number : 9176H
Great Portland Estates PLC
06 June 2011




Great Portland Estates plc (GPE)

GPE Long-Term Incentive Plan (LTIP)

6 June 2011


As a result of achievement of the performance target relating to LTIP awards made on 29 May 2008, the Directors listed below received the following number of GPE ordinary shares of 12.5p each:


                                                                                                                   No. of Ordinary

                                                                                                             shares of 12.5p each


Toby Courtauld, Chief Executive                                                                                106,782

Neil Thompson, Portfolio Director                                                                                68,436


Of these shares, the following were sold on 3 June 2011 at a price of 438.49p per share in order to meet the tax/NI liability:


                                                                                                                   No. of Ordinary

                                                                                                             shares of 12.5p each

                                                                                                                     sold for tax/NI



Toby Courtauld, Chief Executive                                                                                  55,527

Neil Thompson, Portfolio Director                                                                                35,587



The total number of GPE shares now held by each of these Directors and their total percentage holding following these transactions is as follows:



                                                                               No. of Ordinary                     percentage

                                                                       shares of 12.5p each*                          holding


Toby Courtauld, Chief Executive                                            568,315                              0.18

Neil Thompson, Portfolio Director                                          224,594                              0.07



* Includes Partnership shares held in the Company's SIP




Desna Martin, Company Secretary

020 7647 3000

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