RNS Number:3116Q
Development Securities PLC
19 August 2005

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

  Please note this replaces announcement 2639Q made at 16:06, 18 August 2005, in
                the name of Development Secs (Investments) Plc.

     There are no material changes to the body of the announcement itself.


1.   Name of company

     Development Securities Plc

2.   Name of shareholder having a major interest

     Fidelity International Limited and its direct and indirect subsidiaries

3.   Please state whether notification indicates that it is in respect of 
     holding of the shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a 
     holding of that person's spouse or children under the age of 18.

     As Above

4.   Name of the registered holder(s) and, if more than one holder, the number 
     of shares held by each of them
       
     JP Morgan Bournemouth: 132,636
     Brown Bros Harriman Ltd Lux: 5,910
     JP Morgan Bournemouth: 2,650,898
     JP Morgan Chase Bank: 4,500
     Mellon Bank N.A.: 157,900
     Northern Trust Co: 6,000
     Bank Of New York: 8,000
     Bank Of New York Brussels: 26,100
     Clydesdale Bank Plc: 22,790

            
5.   Number of shares/amount of stock acquired

     Not stated

       
6.   Percentage of issued class

     Not stated

       
7.   Number of shares/amount of stock disposed

     Not stated

       
8.   Percentage of issued class

     Not stated

       
9.   Class of security

     Ordinary Shares

       
10.  Date of transaction

     10 August 2005

       
11.  Date company informed

     18 August 2005

       
12.  Total holding following this notification

     3,014,734

       
13.  Total percentage holding of issued class following this notification

     8.25%

       
14.  Any additional information


       
15.  Name of contact and telephone number for queries

     Michael Marx 020-7828-4777

       
16.  Name and signature of authorised company official responsible for making 
     this notification.

     Michael Marx, Joint Managing Director


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