Director Shareholding

Balfour Beatty PLC
19 May 2004


On 5 May 2004, Balfour Beatty plc ('the Company') announced that certain of its
directors had been granted options over the Company's 50p Ordinary Shares under
the terms of the Company's Savings Related Share Option Scheme 2001 ('the
Original Announcement').

Subsequently, for administrative reasons, it became necessary to recalculate the
number of 50p Ordinary Shares in the Company over which each participant,
including the directors named in the Original Announcement, was granted an
option.

As a result, the final number of 50p Ordinary Shares over which each of the
directors named in the Original Announcement has been granted an option is as
follows:

Mr J L Cohen: 646
Mr A L P Rabin: 903
Mr P J L Zinkin: 716

All other information given in the Original Announcement, including the option
exercise price of 210p and the various exercise periods, remain as stated in the
Original Announcement.


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