RNS Number:9414L
Great Portland Estates PLC
4 June 2003



The Company announces, today, that it has granted the following awards under the
Company Long-Term Incentive Plan in respect of 414,857 Ordinary Shares of 50 
pence each, as follows:
 
Director        Date of Grant      Number of Shares      Vesting Date

T. Courtauld    04.06.03           148,047               04.06.06 
R. Noel         04.06.03           135,574               04.06.06 
J. Whiteley     04.06.03           131,236               04.06.06

The awards are conditional upon criteria relating to the Company's performance 
over the three year period commencing on the date of grant. 



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