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21 July 2003

Director Shareholding

We have been informed today that the following directors acquired shares under the Company's Dividend Reinvestment Plan on 18 July 2003 at a price of 317.7959p per share.

NAME NUMBER OF SHARES ACQUIRED TOTAL HOLDING FOLLOWING THIS NOTIFICATION
LAUREL POWERS-FREELING 130 67,669
JUSTIN KING 490 67,849
DAVID NORGROVE 352 92,876
VITTORIO RADICE 202 132,947
ALISON CLARE REED 1,289 143,757
DAME STELLA RIMINGTON 58 2,928

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