Director Shareholding

Director Shareholding 

    LONDON--(BUSINESS WIRE)--July 23, 2003--

Purchase of ordinary shares of 55/9 pence in Centrica plc ('Shares'
and the 'Company', respectively) by Directors of the Company under its
Share Incentive Plan ('SIP').

The SIP trustee, Hill Samuel ESOP Trustees Limited (the 'Trustee'),
notified the Company on the 23 July 2003 that:

The following Directors of the Company acquired Shares under the SIP
on 21 July 2003 from the Shares acquired by the Trustee on that date:

Director                                   Number                          Aggregate shares held
                                           of Shares                       Beneficially (across all accounts
                                           acquired*                       following acquisition)
Phil Bentley                               91                              110,759
Mark Clare                                 91                              365,289
Sir Roy Gardner                            91                              2,158,771


*      The `Number of Shares Acquired' includes 71 Partnership shares
       acquired at 175 pence and 20 matching shares acquired at 172.75
       pence. Both Partnership and Matching elements are registered in
       the name of the Trustee.

The SIP operates as follows
o      Each month the Trustee uses participants' contributions (which
       may not exceed (pound)125 per participant per month) to
       purchase shares in the market. These shares are called
       `Partnership Shares'.
o      At the same time the Company allots to participants via the
       Trustee one `Matching Share' for every two partnership shares
       purchased that month (up to a maximum of 20 matching shares per
       month).
o      Participants may change their monthly savings rate whenever
       they wish. However, Directors and others bound by the Company's
       Securities Dealing Code (the 'Code') may not make such a change
       during a close period or when otherwise prohibited from dealing
       by the Code.


   Short Name: Centrica PLC
   Category Code: RDS
   Sequence Number: 00007465
   Time of Receipt (offset from UTC): 20030723T145221+0100