Director Shareholding

CGNU PLC
21 December 2000


CGNU Share Trust

The CGNU Share Trust will make a number of acquisitions throughout the year to
satisfy awards made under the Company's executive share plans.  Because certain
directors of the Company are participants in those plans they are deemed to have
a beneficial interest in the total number of shares held by the Trust. 
Transactions by the Trust are therefore notifiable.

Accordingly, the Trustee has made the following acquisition:-

Bargain Date     Co Notified      No. of shares acquired     New total held

19/12/00         20/12/00               10,000               2,536,612

In addition, following the exercise of an award by a participant, the following
shares were sold by the Trust:-

Bargain Date     Co Notified      No. of shares sold        New total held

19/12/00         20/12/00               29,965               2,506,647


Queries:

Andy Hodges
Manager - Share Schemes/Share Registration

Tel: [phone]