Crest Nicholson Regulatory News (CRST)

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.2(R) and DTR 3.1.4R(1)(a).

1. Name of the issuer

Crest Nicholson Holdings plc (the "Company")

2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.4R(1)(a)

Transaction notified under DTR 3.1.4R(1)(a)

3. Name of person discharging managerial responsibilities/director

Nigel Christopher Tinker (Chris Tinker) - a person discharging managerial responsibilities of the Company

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

Helen Tinker, spouse of Chris Tinker

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

Notification in respect of holdings of Helen Tinker, spouse of Chris Tinker

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary Shares of £0.05 each of the Company

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

Wealth Nominees Limited

8. State the nature of the transaction

Disposal of shares

9. Number of shares, debentures or financial instruments relating to shares acquired

N/A

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/A

11. Number of shares, debentures or financial instruments relating to shares disposed

250,000

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

0.099%

13. Price per share or value of transaction

413.4 pence per share

14. Date and place of transaction

4 February 2015, London

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

Nigel Christopher Tinker including connected persons - 1,672,228 (0.67%)

16. Date issuer informed of transaction

9 February 2015

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17 Date of grant

N/A

18. Period during which or date on which it can be exercised

N/A

19. Total amount paid (if any) for grant of the option

N/A

20. Description of shares or debentures involved (class and number)

N/A

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

N/A

22. Total number of shares or debentures over which options held following notification

Name Total no. shares over which options held

248,937

23. Any additional information

N/A

24. Name of contact and telephone number for queries

Kevin Maguire, Company Secretary 01932 580 555

Name and signature of duly authorised officer of issuer responsible for making notification

Kevin Maguire

Company Secretary

Date of notification

9 February 2015