Director Shareholding

Liontrust Asset Management plc

10 May 2004

Notification of directors' interests: Companies Act 1985 s.329

Liontrust Asset Management plc ('the Company') has been notified that on the
date of his appointment as a director, 28th April 2004, Mr Asher had and
continues to have a beneficial interest in 1,600 ordinary shares of 1p each
being 0.005% of the total issued share capital of the Company.

Enquiries:

David V Gibbons, Company Secretary, Liontrust Asset Management PLC

Tel: [phone]

END