RNS Number:3119Q
Development Securities PLC
19 August 2005


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

    Please note this replaces announcement 2644Q made at 16:13, 18 August 2005,
               in the name of Development Secs (Investments) Plc.


     There are no material changes to the body of the announcement itself.


1.     Name of company

       Development Securities Plc

2.     Name of shareholder having a major interest

       Fidelity International Limited and its direct and indirect subsidiaries
     
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 Above

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

       Brown Bros Harriman Ltd Lux: 5,910

       JP Morgan Bournemouth: 691,619

       JP Morgan Chase Bank: 4,500

       Mellon Bank N.A.: 157,900

       Northern Trust Co: 22,300

       Bank Of New York: 8,000

       Bank Of New York Brussels: 26,100

       Clydesdale Bank Plc: 21,390

5.     Number of shares/amount of stock acquired

       Not stated

6.     Percentage of issued class

       Not stated

7.     Number of shares/amount of stock disposed

       2,077,015

8.     Percentage of issued class

       Not stated

9.     Class of security

       Ordinary Shares

10.    Date of transaction

       15 August 2005


11.    Date company informed

       18 August 2005

12.    Total holding following this notification

       937,719

13.    Total percentage holding of issued class following this notification

       2.57%

14.    Any additional information



15.    Name of contact and telephone number for queries

       Michael Marx 020-7828-4777

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

       Michael Marx, Joint Managing Director







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

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