Grant of Options

European Motor Hldgs PLC 02 May 2003 EUROPEAN MOTOR HOLDINGS plc NOTIFICATION OF DIRECTORS' SHARE OPTIONS On 2 May 2003, options over 200,000 ordinary shares of 40p in European Motor Holdings plc were granted to each of Richard Palmer and Ann Wilson, executive directors of the company, in accordance with the Rules of the European Motor Holdings plc 2001 Non-Approved Share Option Scheme. The options are exercisable in the period 2 May 2006 to 1 May 2013 at a price of 126.2p per share, assuming achievement of the performance criteria of the scheme. Following these grants of options Mr Palmer now holds options over a total of 1,065,000 ordinary shares in the company and Miss Wilson holds options over 1,055,000 ordinary shares in the company. This information is provided by RNS The company news service from the London Stock Exchange
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