Director Declaration

Liontrust Asset Management plc                         

                                 New director                                  

                         Listing Rules paragraphs 16.4                         

Further to the announcement on 29th April 2004 of the appointment on 28th April
2004 of Mr Bernard Asher as a non executive director of Liontrust Asset
Management plc we would provide the following information:

1. Directorships in other publicly owned companies at any time in the previous
five years:

Name of Company                        Current / Past                        
                                                                             
Investment Management Holdings plc     Current                               
                                                                             
Legal & General Group plc              Past - resigned 28 April 2004         
                                                                             
Liontrust Winners Investment Trust plc Past - resigned 23 July 2003          
                                                                             
Lonrho Africa plc                      Current                               
                                                                             
Morgan Sindall plc                     Current                               

2. There are no details to be disclosed under Rule 6.F.2(b) to (g).

11 May 2004

Enquiries:

David V Gibbons, Company Secretary, Liontrust Asset Management PLC

Tel: [phone]

END