RNS Number:9460W
Teesland Plc
25 March 2004


25 March 2004

                          TEESLAND PLC ("THE COMPANY")

                            SUBSTANTIAL SHAREHOLDING


The Company received notification on 24 March 2004 from Fraser and Neave,
Limited, a company listed on the Singaporean Stock Exchange, that as at 23 March
2004 that company was interested in 4,278,688 ordinary shares in the Company
through CPL (UK) Pte Ltd, a subsidiary of its wholly owned property investment
subsidiary Centrepoint Properties Ltd. The interest represents 7.54 per cent. of
the Company's issued share capital.


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

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