Director Shareholding

4th April 2003

                                                                               

ROLLS-ROYCE plc

 

 

Rolls-Royce announces that on 3rd April 2003 ordinary shares in the company
were transferred to the following executive directors by Mourant & Co Trustees
Ltd (the trustee of the Rolls-Royce Employee Share Trust) in relation to awards
made under the Company's Deferred Share Plan (the Plan) in 2000.

 

                      Shares Released   
                                        
J P Cheffins        19,741              
                                        
C H Green           12,921              
                                        
M G J W Howse       10,153              

The shares have been held in trust for 2 years and have been released by the
trustee in accordance with the rules of the Plan.

Each of the Directors by virtue of being beneficiaries of the trust are
technically interested in all of the shares in the trust. Before the release
1,508,765 shares were held in the trust and following the release 1,465,950
shares are now held in the trust.

For further information, please contact:-

John Warren - Deputy Company Secretary - Tel. [phone]


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