Board Change

Seascope Shipping Holdings PLC
4 January 2001



                 Seascope Shipping Holdings PLC ('Seascope')

                             Board Change


Seascope Shipping Holdings PLC, which provides specialised broking and 
financial and technical consultancy services to the international 
shipping and oil industries, today announces that Julian Kinross is
resigning as an executive director with immediate effect.

Mr Kinross joined Seascope in 1987 and was appointed to the Board in
1989.  The Board would like to thank Mr Kinross for his services and
wishes him well for the future.

For further information, please contact:

Seascope Shipping Holdings PLC             020 7903 2600
Iain Shaw - Chief Executive
Derek Walter - Finance Director

Grandfield                                 020 7417 4170
Michael Henman / Kirsty Black