RNS Number:6264Q
Pillar Property PLC
07 October 2003

Pillar Property plc (the "Company")

Holding in Company

The Company received the following notification dated 6 October 2003 from Aviva
plc on 7 October 2003.

This notification is prompted by purchases totalling 711,372 on 3 October 2003.

This notification relates to issued ordinary shares of 10 pence each in the
capital of the Company (the "shares") and is given in fulfilment of the
obligations imposed by sections 198 to 202 of the Companies Act 1985 (the "Act
").

1.            Notification on behalf of Morley Fund Management Limited (a
subsidiary of Aviva plc)

1.1.   We hereby notify you on behalf of Morley Fund Management Limited that
immediately after the time when the obligation to make this notification arose
Morley Fund Management Limited were interested in 3,784,086 shares.

1.2.   The identity of the registered holders of the shares to which this
notification relates and the number of shares held by each of them are set out
in the attached Appendix: Morley Fund Management Limited.



2.            Notification on behalf of Aviva plc



2.1.   We hereby notify you on behalf of Aviva plc that immediately after the
time when the obligation to make this notification arose Aviva plc were
interested in 3,784,086 shares giving the Aviva group a total percentage
interest in the shares of 3.49%.



Appendix: Morley Fund Management Limited


Registered holders                                         Number of shares held
BNY Norwich Union Nominees                                473,174     (Material)
Chase GA Group Nominees Ltd                             2,662,209     (Material)
Chase Nominees Ltd.                                       144,197     (Material)
CUIM Nominee Ltd.                                         425,631     (Material)
RBSTB Nominees Ltd.                                        78,875     (Material)



Total percentage interest of Morley Fund Management Limited: 3.49%

Issued share capital on which this notification is based: 108,563,718



Appendix: Aviva plc


Registered holders                                         Number of shares held
BNY Norwich Union Nominees                                473,174     (Material)
Chase GA Group Nominees Ltd                             2,662,209     (Material)
Chase Nominees Ltd.                                       144,197     (Material)
CUIM Nominee Ltd.                                         425,631     (Material)
RBSTB Nominees Ltd.                                        78,875     (Material)



Total percentage interest of Aviva plc: 3.49%

Issued share capital on which this notification is based: 108,563,718




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