Holding(s) in Company

RNS Number:7673K
Pillar Property PLC
06 May 2003

Pillar Property plc (the "Company")

6 May 2003

Holding in Company

The Company received the following notification dated 5 May from Fidelity
Investments today.

NOTIFICATIONS UNDER SECTIONS 198 TO 202 - U.K. COMPANIES ACT

1. Company in which shares are held:                  Pillar Property plc

2. Notifiable Interest:     Ordinary Shares

(A)       FMR Corp.

          82 Devonshire Street

          Boston, MA 02109

          Parent holding company of Fidelity Management Trust Company (FMTC), a US state chartered bank
          which acts as a trustee or investment manager of various pension and trust accounts. (See
          Schedule A for listing of Registered Shareholders and their holdings.)

(B)       Fidelity International Limited (FIL)

          P.O. Box HM 670

          Hamilton HMCX, Bermuda

          Parent holding company for various direct and indirect subsidiaries, including Fidelity
          Investment Services Ltd. (FISL), and Fidelity Pension Management (FPM), investment managers for
          various non-US investment companies and institutional clients. (See Schedule A for listing of
          Registered Shareholders and their holdings.)



3. The notifiable interests also comprise the notifiable interest of:

Mr. Edward C. Johnson 3d

82 Devonshire Street

Boston, MA 02109

A principal shareholder of FMR Corp. and Fidelity International Limited.

4. The notifiable interests include interest held on behalf of authorised unit
trust schemes in the U.K., notwithstanding the exemption from reporting pursuant
to Section 209 (1)(h) of the Companies Act 1985 (the "Act").

5. These notifications of disclosable interests constitute separate
notifications of interest in the shares and are combined solely for the purposes
of clarity. Nothing herein should be taken to indicate that FMR Corp. and its
direct and indirect subsidiaries, Fidelity International Limited and its direct
and indirect subsidiaries or Mr. Edward C. Johnson 3d act as a group or in
concert in respect of the disclosed interests, or that they are required to
submit these notifications on a joint basis.

6. The disclosable interests arise under section 208 (4)(b) of the Act, namely
where a person, not being the registered holder, is entitled to exercise a right
conferred by the holding of the shares or to control the exercise of such
rights, or under section 203 of the Act respectively.

Schedule A

Security: Pillar Property Plc
                           Ordinary Shares             Management     Nominee/Registered Name
                                                         Company

                                    11,888                FMTC        State Street Nominees Ltd.
                                    7,828                 FMTC        Brown Brothers Harriman
                                    6,900                 FMTC        State Street Bank & Trust
                                  1,444,783               FISL        Chase Nominees Ltd
                                    86,054                 FPM        Citibank
                                   333,203                 FPM        Chase Nominees Ltd
                                   387,068                 FPM        Bankers Trust
                                    62,361                 FPM        State Street Nominees Ltd
                                   182,947                 FPM        HSBC Client Holdings Nominees (UK) Limited
                                    21,832                 FPM        MSS Nominees Ltd
                                    28,004                 FPM        Mellon Nominees Ltd
                                    24,168                 FPM        BT Globenet Nominees Ltd
                                    49,436                 FPM        HSBC
                                    79,496                 FPM        Bank of New York London
                                   345,343                 FIL        RBS Trust Bank
                                   294,297                 FIL        Bankers Trust
                                   666,490                 FIL        Chase Nominees Ltd
                                   108,696                 FIL        MSS Nominees Ltd
                                   452,715                 FIL        Nortrust Nominees
                                    64,535                 FIL        BT Globenet Nominees Ltd
                                   387,296                 FIL        State Street Nominees Ltd
                                   838,109                 FIL        Northern Trust
                                  1,174,845                FIL        Bank of New York London
                                  1,237,464                FIL        JP Morgan
                                   198,800                 FIL        Morgan Stanley
                                   326,152                 FIL        State Street Bank & Trust
                                   304,239                 FIL        Bank of New York Brussels
                                    22,900                 FIL        Deutche Bank
                                    25,600                 FIL        Mellon Nominees Ltd

Total ordinary shares             9,173,449

Current ownership                   8.45%
percentage:

Shares in issue:                 108,563,718

Change in holding since      (1,297,430) ordinary
last filing                         shares


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