RNS No 7667w
CITY SITE ESTATES PLC


                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY
CITY SITE ESTATES PLC


2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

WIGMORE PROPERTY INVESTMENT TRUST 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

SHAREHOLDER

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

BARCLAYS NOMINEES (GRACECHURCH) LTD 8615A

5)  Number of shares/amount of stock acquired.

N/A

6)  ( N/A %) of issued Class

7)  Number of shares/amount of stock disposed

250,000

8)  ( 1.49%) of issued Class

9)  Class of security

ORDINARY

10) Date of transaction

13.1.98

11) Date company informed

15.1.98

12) Total holding following this notification

572,000

13) Total percentage holding of issued class following this notification

3.40%

14) Any additional information

N/A

15) Name of contact and telephone number for queries

STEPHEN M SILVER/J.A. CARLTON
0141 226 4499

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

    Date of Notification......16TH JANUARY 1998.


END


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