RNS Number:1745S
Fidelity International Ltd
17 November 2003

                                                        FORM SAR 3


                                       Date of disclosure...NOVEMBER 17, 2003...

                 DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING
                   SUBSTANTIAL ACQUISITIONS OF SHARES ("SARs")

                 
Date of acquisition..........NOVEMBER 14, 2003.......................

Acquisition in......BARRATT DEVELOPMENT...............(name of company)


(1) Class of voting shares    Number of shares/rights   If rights over shares
    (eg ordinary shares)      over shares acquired      acquired, as opposed
                                                        to the shares
                                                        themselves, specify
                                                        nature of rights

    ORDINARY SHARES           ...472,495.....shares    .....................
                              ...N/A..........rights


(2) Resultant total holding   Resultant total holding   Total percentage
    of voting shares (and %   of rights over shares
    of total voting shares    (and % of total voting
    in issue)                 shares in issue)

    35,572,095......(15.00%)   .....N/A..........( %)    35,572,095 (15.00 %)


(3) Party making disclosure FIDELITY MANAGEMENT & RESEARCH COMPANY, FIDELITY
                            MANAGEMENT TRUST COMPANY, & FIDELITY  INTERNATIONAL
                            LIMITED, ON BEHALF OF CLIENT

(4)  (a)  Name of person acquiring shares or rights over shares FIDELITY 
          MANAGEMENT & RESEARCH COMPANY AND/OR ONE OR MORE OF THEIR DIRECT AND
          INDIRECT SUBSIDIARIES, ON BEHALF OF CLIENT
          and, if different, beneficial owner............................... 

     (b)  Names of any other persons acting by
          agreement or understanding (see SAR 5)............................


Signed, for and on behalf of the party named in (3) above...................

(Also print name of signatory).. ERIC D. ROITER
                                 SR. V.P. & GENERAL COUNSEL - FMR CO.

Telephone and extension number... ELEANOR CHEMLEN SR. COMPLIANCE SPECIALIST
                                  (617) 563 1416.....................

Note. Under SAR 5, the holdings of and acquisitions by persons acting by
agreement or understanding must be aggregated and treated as a holding of or
acquisition by one person.  Note 3 on SAR 5 requires persons who must aggregate
holdings to disclose certain disposals.

For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs.  If in doubt, contact the Panel on Takeovers and Mergers, 
Monitoring Section, Tel. No: 020 7638 0129.







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