Director Shareholding

Centrica PLC
                  

8 April 2005

Centrica plc

Directors' interests - Long Term Incentive Scheme (LTIS)

Centrica announces that on 7 April 2005, a total of 3,409,534 Centrica ordinary
shares of 6 14/81 pence each in respect of awards made under the terms of the
LTIS in April 2002 were released from trust to participants including the
Executive Directors. These awards, which were subject to performance
conditions*, were released by the trustee of the scheme following the completion
of the respective three-year performance period. On release, participants are
liable to pay income tax at their marginal rate and National Insurance
contributions at 1% on the value of the shares.

The Executive Directors sold shares (41%) to meet the income tax and National
Insurance liabilities. Sir Roy Gardner also sold the balance of shares released
to him. The shares were sold at 234.5p on 7 April 2005. The specific details of
the release and disposals relating to the Executive Directors are as follows:

                    Phil Bentley      Mark Clare Sir Roy Gardner     Jake Ulrich
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Shares released         104,916         108,754         179,125         111,313
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Shares sold              43,016          44,590         179,125          45,639
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Net number of
 shares
 transferred to
 participant             61,900          64,164               0          65,674
--------------------------------------------------------------------------------


In accordance with Company policy, each Executive Director has to maintain a
minimum shareholding in the Company at least equal to their respective base
salary.

The total share interests held under LTIS for each Executive Director following
this notification are as follows:

Phillip Bentley                 692,359
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Mark Clare                      724,404
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Sir Roy Gardner               1,216,362
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Jake Ulrich                     742,493
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Following this release, the LTIS trust, in which the Executive Directors along
with other Centrica group employees have a potential interest, holds 2,796,715
shares.

* The performance condition for the LTIS is linked to the Company's total
shareholder return (TSR) relative to the returns of its FTSE 100 comparator
group. The maximum award only vests if the Company's TSR over the performance
period is ranked in 25th position or above of the 100 companies in the LTIS
comparator group. For the award made in 2002, at the conclusion of the
performance period on 1 April 2005, the Company was ranked in thirty-ninth
position in the LTIS comparator group and accordingly, 76.7% of the award was
transferable.

Enquiries: Media Relations 01753 494084

Investor Relations 01753 494900