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26 November 2003

Notification Of Directors' Interests

Sharesave Options

On 26 November 2003, the following directors have been granted share options under the Sharesave Scheme at a price of 228p each.

NAME NUMBER OF SHARES GRANTED TOTAL NUMBER OF SHARES HELD UNDER OPTION FOLLOWING THIS NOTIFICATION
ROGER HOLMES 6,951 2,021,595
LAUREL POWERS-FREELING 4,046 788,305

The options may be exercised during a six-month period following the normal maturity date, which is 1 January 2009 and 1 January 2007 respectively.

Executive Options

It has been confirmed today that on 24 November 2003, the following Director was granted options under the Company's Executive Share Option Scheme at an option price of 270p per share. The options, which are exercisable between 3 and 10 years from the date of grant, are subject to performance criteria on exercise, details of which can be found in the Company's annual report and financial statements 2003.

NAME NUMBER OF SHARES GRANTED TOTAL NUMBER OF SHARES HELD UNDER OPTION FOLLOWING THIS NOTIFICATION
MAURICE HELFGOTT 74,074 696,007

Director's Shareholding

Maurice Helfgott was appointed to the Board on 19 November 2003, and holds the following shares:

DESCRIPTION NUMBER OF SHARES
Ordinary Shares 41082
B Shares 921

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