Home Member State

Crest Nicholson Holdings plc

(the "Company")

HOME MEMBER STATE

For the purposes of the Transparency Directive (Directive 2004/109/EC), as amended by the Transparency Directive Amending Directive (Directive 2013/50/EU) and DTR 6.4.2 of the Financial Conduct Authority's Disclosure Rules and Transparency Rules, the Home Member State of the Company is the United Kingdom.

For further information, please contact:

Kevin Maguire

Company Secretary

Crest Nicholson Holdings plc

+44 (0) 1932 580 555

25 February 2016