Director Shareholding

Caledonia Investments PLC
07 May 2004

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS



1. Name of company

Caledonia Investments plc

2. Name of director

Mr J R H Loudon

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest

Non-beneficial interest

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)

Smith & Williamson Nominees Ltd

5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)

Not applicable

6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary

Sale of shares by a family trust of which Mr Loudon is a trustee, prior to the 
trust's winding up

7. Number of shares / amount of stock acquired




8. Percentage of issued class




9. Number of shares/amount of stock disposed

4,400

10. Percentage of issued class

0.006%

11. Class of security

Ordinary 5p

12. Price per share

1017p

13. Date of transaction

30 March 2004

14. Date company informed

06 May 2004

15. Total holding following this notification

 Beneficial 9,442        Non - Beneficial 9,930

16. Total percentage holding of issued class following this notification

Beneficial 0.01%        Non - Beneficial  0.01%

If a director has been granted options by the company please complete the
following boxes.


17. Date of grant




18. Period during which or date on which exercisable




19. Total amount paid (if any) for grant of the option




20. Description of shares or debentures involved: class, number




21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise




22. Total number of shares or debentures over which options held following this
notification




23. Any additional information




24. Name of contact and telephone number for queries

G.P. Denison - 020 7802 8080

25. Name and signature of authorised company official responsible for making
this notification

G.P. Denison - Company Secretary

Date of Notification

07 May 2004

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for loss of business or loss of profits) arising in contract, tort or otherwise
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